Personal Bankruptcy Laws
2:08 AM
Are you contemplating on filing for bankruptcy? Do you know that by law you are expected to go for credit counseling program? Then I will have you know that sometimes people get bad counseling that further put them into more problems. Hence there are some rules that govern credit counseling and these you can't afford not to know.
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.
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.
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.
There are several counseling organizations in the US. People who need help concerning credit counseling normally avail themselves to be counseled by these organizations. However many people are making Christian credit counseling service their first port of call whenever they have such problems.
Through the debt management program of the Christian credit counseling services. A debtor can be paying the credit counseling service a stipulated amount of money every month. Do you know what they do with this money? They share the money and take each share to the debtor's creditors. This usually provides respite to a debtor and with time he will be aided through this program to pay off all his debts.
Do you know that there are several Christian credit counseling services? The organization has counseling services like nonprofit debt management and credit counseling agencies. However, you can also get profit organizations that also provide debt management duties.
Some people usually resort to picking a Christian credit counseling service due to their faith. This is because they always have the advantage of having their tithing worked into their budget with a good financial plan that they will learn from and protect them from experiencing similar financial problems in future.
Do you want to choose a credit counseling service and you don't know which one to? Then search for and select a credit counseling service that is sound, that offer reasonable service rates which clearly show that they have the interest of the debtor as their major concern. Make sure you adhere to what is required from you. You should soon be free from financial worries in no time.
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.
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.
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.
There are several counseling organizations in the US. People who need help concerning credit counseling normally avail themselves to be counseled by these organizations. However many people are making Christian credit counseling service their first port of call whenever they have such problems.
Through the debt management program of the Christian credit counseling services. A debtor can be paying the credit counseling service a stipulated amount of money every month. Do you know what they do with this money? They share the money and take each share to the debtor's creditors. This usually provides respite to a debtor and with time he will be aided through this program to pay off all his debts.
Do you know that there are several Christian credit counseling services? The organization has counseling services like nonprofit debt management and credit counseling agencies. However, you can also get profit organizations that also provide debt management duties.
Some people usually resort to picking a Christian credit counseling service due to their faith. This is because they always have the advantage of having their tithing worked into their budget with a good financial plan that they will learn from and protect them from experiencing similar financial problems in future.
Do you want to choose a credit counseling service and you don't know which one to? Then search for and select a credit counseling service that is sound, that offer reasonable service rates which clearly show that they have the interest of the debtor as their major concern. Make sure you adhere to what is required from you. You should soon be free from financial worries in no time.
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