Online Credit Counseling for Bankruptcy

When you are planning on filing bankruptcy you have several fees that need to be paid in addition to your bankruptcy attorney fees. Since the modification of the bankruptcy code in 2005 new rules were put into place that requires people filing bankruptcy to take classes before bankruptcy and after they have filed their bankruptcy. In addition, you have to pay the government their fee to file bankruptcy. As pointed out by a prominent Michigan bankruptcy attorney costs of filing fees vary by which chapter you file and are relatively small compared to the debt you will discharge when your bankruptcy is complete. The court filing fees typically do not go over $300.00 at its highest.

What bankruptcy classes do I have to take before and after filing bankruptcy?

There are several agencies that allow you to take classes at their location or you can take the classes online. Even if you know you are filing you will have to meet with a certified counselor and they will go over your bills with you and try to give you advice on how to avoid bankruptcy. Many times people meeting with the counselor already are aware of their financial problems and they are just going through the motions in order to take the class and file.  Most classes whether online or in person don’t cost more than $100.00 for the pre bankruptcy class and the post bankruptcy filing class.

Choosing which company to use for your bankruptcy classes.

Only certain companies are approved to administer the pre bankruptcy filing courses and the post filing courses. When choosing a company to take the class you should make sure they are approved and you should ask your attorney if they can recommend a company with which to take a class. Some companies are cheaper and have online classes. The more expensive companies have the online classes and will email the certificate to your attorney and allow you to download a copy of both certificates. If you don’t take these classes before you can’t file bankruptcy. If you don’t take the class after you file bankruptcy you case will be dismissed.

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