The counseling session will outline the opportunities for credit counseling , potential alternative to bankruptcy, and a review of your monthly budget. The debtor is required to file a certificate of completion (from the credit counseling agency) with their bankruptcy petition. Failure to complete the course before filing the bankruptcy petition or failure to file a copy of the certificate of completion with the bankruptcy petition will require the Bankruptcy Court to quickly dismiss your bankruptcy case.
Credit Counseling - How is it Accomplished?
This counseling may take place (1) in person (2) over the telephone or (3) via the internet. Not every provider offers services by every permissible method.
Credit Counseling - Exceptions
Exceptions to the pre-bankruptcy credit counseling requirement are made (1) for debtors who certify exigent circumstances requiring immediate bankruptcy filing and stating that the debtor had sought the required briefing at least five days prior to the bankruptcy filing without being able to obtain it (in which case the debtor is required to complete the counseling within 30 days after the bankruptcy filing); and (2) for debtors who are incapacitated, disabled, or on active military duty in a combat zone (with limiting definitions for incapacity and disability).