A Few Commonly Asked Questions on Post Bankruptcy Course

If you are filing for bankruptcy, you must be aware of both the mandatory pre and post bankruptcy courses. These courses need to be done through an approved organization. You can go for online or even telephonic courses. Here is a quick list of frequently asked questions about pre and post bankruptcy courses. FAQs About Pre & Post Bankruptcy Courses:   1. Do I need to take the pre-filing bankruptcy course or the post-filing one? Both these courses are mandatory. According to the Bankruptcy Code, you have to complete credit counseling before filing your bankruptcy papers, and Read More …

5 Alternative Bankruptcy Options You Can Explore

Bankruptcy Pre Discharge Course There are many bankruptcy options that you should explore before you consider filing for bankruptcy. While bankruptcy can help protect some of your assets from creditors, it can also hurt your credit standing and prevent you from being able to borrow money at reasonable rates in the future. Your bankruptcy filing will appear on your credit report for the next ten years. Here are some alternatives you can pursue before you take the serious step of filing for bankruptcy. Negotiate a repayment plan with your creditors If you approach your creditors Read More …