You may be
You may be getting ready to file for bankruptcy. But are you aware that the Bankruptcy Abuse prevention and consumer protection Act of 2005 has made it obligatory for people like you to be given credit counseling? What this means is that you must be encouraged to go for counseling before you apply 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. 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 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. 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.
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