{You may be getting ready to file for bankruptcy
{You may be getting ready to file for bankruptcy
{Do you want to avoid the pitfalls most debtors fall to? Then read this: you must complete your pre-bankruptcy credit counseling program that spans for one hundred and eighty days before filing for bankruptcy. Failure to complete this session within the stipulated period will result to the bankruptcy court dismissing your petition. |If ever you allow the bankruptcy court to dismiss your case of filing for bankruptcy then you will not get the respite that should be due you from your creditors. When this happens it means your lenders can take any means such as legal action against you to get their money from you. When your case is dismissed it means you are no longer protected against your creditors.}
{Are you attending a credit counseling program? Then I urge you to go all the way and attend every session without skipping any. This aspect is very essential because a bankruptcy court can dismiss your petition for just missing even an hour’s session, and a court’s dismissal normally mean you are on your own. This is one trap you must not fall into. |When undergoing a credit counseling session you must make sure it is handled by a certified credit counselor. The Department of Justice U.S Trustee program is responsible for the certification of credit counseling. However, in North Carolina and Alabama it is bankruptcy administrators who also doubled as court officials that are permitted to approve a credit counseling certificate.|One precaution you must take when or before beginning a credit counseling program is this: ensure you search on the website of the Department of Justice to make you certain that the counselor that would counsel you is certified by the department as he or she would be on the approved list. If your counselor is not an approval counselor then it is the same as if you did not go through the session and you know what that means. }
{When you are filing for bankruptcy you must have with you a proof to show that you have completed the mandatory credit counseling program. The proof of your completion of your credit counseling should be handed to you within 24 hours after completion so you don’t have any reasons not to have it. |When receiving your certificate after attending and completing a credit counseling session make sure the certificate your received is the original one, as only credit counseling agencies that are cleared by the US Trustee program are permitted to issue certificates. }
{Do you want to apply for bankruptcy? Do you have a completion certificate to show as a proof that you have attended a credit counseling session which is approved by the department of justice? If you have this certificate then your case may not be dismissed in the court of bankruptcy at least you have meet the requirements.|When it comes to filing bankruptcy it is important you understand that there could be some complexities in the bankruptcy filling process and even the credit counseling stipulations could add more difficulties to the whole process. So your best bet is to get the service of a professional bankruptcy handler or you carryout a thoroughly research about the whole process in order to avoid predictable pitfalls. |Nowadays it is not uncommon to find people seeking for credit counseling. This is because lots of consumers usual discover they are in deep financial mess than they can help. For this reason they seek for help on the best way to go out of the quagmire of bankruptcy. }