Tag Archives: CreditCounseling

If you have weighed the option of filing for Chapter 7 or Chapter 13 bankruptcy, you have probably been told credit counseling is mandatory. In the right circumstances, credit counseling sessions help debtors figure out if bankruptcy is the best option for eliminating debts. Credit counseling certificates are also required for most people seeking to file for Chapter 7 or Chapter 13 bankruptcy. After filing for bankruptcy, a second credit counseling session must be taken. The second session will help debtors with money management, use of credit and budgeting. Credit counseling sessions must be approved by your judicial district. To find out which credit counseling agencies are approved, visit the Department of Justice website. After arriving at the website, select the state where you are filing for bankruptcy. The Sader Law Firm works with an approved credit counseling agency, and services are offered to clients. What Are Credit Counseling Sessions?…
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