In 2005, Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA), a bankruptcy reform law. BAPCPA requires that a debtor must receive an individual or group briefing from a nonprofit budget and credit counseling agency within 180 days before filing for bankruptcy. The briefing can be in person, by telephone or via the internet. The counseling must be completed before filing a bankruptcy petition and the credit counseling certificate must be filed with the bankruptcy court. In most states, the U.S. trustee maintains a list of approved credit counseling agencies for use in the court districts in those states. Your bankruptcy attorney will be able to assist you in completing the credit counseling requirement.
If you are considering filing for Chapter 7 or Chapter 13 bankruptcy, call the law firm of Tim W. Smith at (615) 796-1857 or complete the online form. We offer free initial consultations with an experienced bankruptcy attorney.
DISCLAIMER: WE ARE A DEBT RELIEF AGENCY. WE HELP PEOPLE FILE FOR BANKRUPTCY UNDER THE BANKRUPTCY CODE. THIS IS NOT A RENDERING OF LEGAL ADVICE.