What if I need to file bankruptcy?
Bankruptcy Pre-Filing Counseling & Pre-Discharge Personal Financial Money Management Course
Since 2005, bankruptcy laws MANDATE that people receive:
1) a minimum 90 min. pre-filing counseling session* from an approved non-profit credit counseling agency to make sure that bankruptcy really IS your only option BEFORE an attorney can file
2) complete a two-hour Pre-Discharge education course on personal money management for success after bankruptcy, from an approved provider.
We are approved by the Executive Office for the US Board of Trustees (EOUST) to provide both of these requirements.
Pre-filing counseling* MUST occur within 6 months from the date of filing. The certificate you receive as a result of completing the counseling expires 6 months from the date it is issued. If your bankruptcy is not filed by the certificate expiration date, you must receive the 90 min counseling again and pay for the certificate again.
The Pre-counseling fee for individuals is $50 and couples filing jointly is $100, and the Post Discharge counseling fee for individuals is $25 and couples filing jointly is $50. Counseling provided face-to-face. Payments are accepted in the form of cash, money order, or check.
The counseling fee may be waived or reduced, if you are unable to pay. Ability to pay will be based on 150% of the U.S. Department of Health and Human Services poverty guidelines. Please download our Income Verification Form and send completed form to MMC by mail or email firstname.lastname@example.org or drop off at office.
PRE-FILING COUNSELING AND CERTIFICATE
When you call the office, please tell us (if you know) that you are considering bankruptcy. Then to get started, you will need to complete an infopac (print from the forms tab, we can send it to you via US mail, you may pick it up at our office or we can e-mail it to you). ALL FORMS ARE REQUIRED AND MUST BE COMPLETED. If you have any questions about the paperwork, please give us a call. If paperwork is incomplete, we may not be able to give you your certificate and another appointment will be scheduled to complete the requirement.
What to expect from the pre-filing credit counseling session: The purpose of the session is to determine whether or not bankruptcy is your only option. If we have all completed information AND we determine that bankruptcy IS your only option, the appointment will last 90 minutes and you will receive your certificate(s). The session will include a thorough review of your income, expenses and debts including possible debt repayment options, an overview of the bankruptcy process and personalized budget analysis. You will receive a copy of the book we review in the session. If we give you the certificate, you will receive a copy for your attorney and yourself. The attorney needs the certificate to file your bankruptcy case. The certificate fee is $50 PER PERSON ($100 for married couples), cash or money order.
PRE-DISCHARGE EDUCATION COURSE AND CERTIFICATE
AFTER YOUR CASE IS FILED AND BEFORE your debts can be formally discharged, each filer must complete a required 2-hour education course. The certificate fee for this course is $25 PER PERSON, cash or money order. The purpose of this course is to teach filers how to succeed after bankruptcy. You will learn tools and information to help you live within your means, stay out of debt and make plans to rebuild your credit. In addition, at no extra charge, you may make a one-on-one appointment to write a spending plan that really works for YOU. Our system of money management will help you feel in control of your finances after bankruptcy. If you received the pre-filing certificate from us, we will send you a letter listing the dates we will be providing these sessions each month. We try and schedule 1 to 2 daytime sessions from 11 am – 1 pm and 1 to 2 evening sessions from 5-7 pm, per month. You may be moved to another session if only one person signs up for a given session. To receive this certificate, you must bring your drivers license or other photo ID, your bankruptcy case number and the fee. Your attorney will need to receive a copy of this certificate in order to discharge your debts.