Need to speak with a Bankruptcy Counselor? Call (800) 403-3433!
*Approval by the U.S. Department of Justice Executive Office of United States Trustees does not endorse or assure the quality of our services.
Filing for bankruptcy is quite possibly one of the biggest decisions you will make in your lifetime; one that should be taken very seriously. If you are thinking about filing for bankruptcy, first and foremost - talk to an attorney prior to enrolling in bankruptcy counseling!
The bankruptcy counseling process is completed in two phases: Pre-Filing Credit Counseling (also known as a "Budget and Credit Counseling Briefing") and Post-Filing Debtor Education (also known as a "Personal Financial Management Instructional Course"). Both will need to be completed in order to finalize your bankruptcy filing.
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 launched a new era: With limited exceptions, people who plan to file for bankruptcy protection must get credit counseling from a government-approved organization within 180 days before they file. They also must complete a debtor education course to have their debts discharged.
Cambridge is approved* to issue certificates upon completion of a Budget and Credit Counseling Briefing in compliance with the Bankruptcy Code. Additionally, Cambridge is approved* to issue certificates evidencing completion of a personal financial management instructional course in compliance with the Bankruptcy Code.