Credit Counseling
Helping people file for Chapter 7 and Chapter 13 Bankruptcy
What is credit counseling?
Credit counseling is a form of professional counseling that allows consumers to review their debts, income and assets with a qualified individual or agency. In cases involving bankruptcy, people must receive credit counseling from an individual or agency that is approved of by the U.S. Trustee 180 days before they file for Chapter 7 or Chapter 13.
During credit counseling, people will be taught debt management techniques, come up with feasible budgets and also be provided with bankruptcy information. People can ask their counselors important questions and will also receive the resources they need to regain their financial security.
How long does credit counseling take?
In most cases, credit counseling will take approximately 60 to 90 minutes.
How much does credit counseling cost?
On average, a credit counseling session costs $50. This type of counseling is very affordable, which means that people who are on the verge of filing for bankruptcy will not have to worry about incurring more debt.
What happens after credit counseling?
After people complete credit counseling, they will receive a certificate of completion. When they file for bankruptcy, they will need to have a certificate of completion in order to meet eligibility requirements.
If you are thinking about filing for Chapter 7 or Chapter 13 Bankruptcy in Nevada, the Las Vegas lawyers at The Las Vegas Bankruptcy Law Firm can help you complete credit counseling so you can move forward with your bankruptcy filing. Our legal team is committed to providing our clients with the information, advice and resources they need to get the most out of their credit counseling sessions.
Las Vegas Bankruptcy Lawyers
At The Las Vegas Bankruptcy Law Firm we will do everything we can to provide you with personal attention throughout the bankruptcy process. Contact us today to learn how our Las Vegas bankruptcy lawyers can make a positive difference in your case!
The Las Vegas Bankruptcy Law Firm represents individuals who wish to file for bankruptcy in Las Vegas, Nevada.