Essex County Bankruptcy Credit Counseling Lawyer
Under the new bankruptcy laws that went into effect in 2005, anyone who plans to file bankruptcy must obtain credit counseling from a government-approved organization. In addition, debtors must complete a debtor education course in order to have their debts discharged.
At Goldman & Beslow, our attorneys are fully familiar with the requirements for credit counseling and debtor education under the new bankruptcy laws. We offer a free initial consultation to answer your questions. We offer services in three convenient locations in East Orange, Jersey City and Paterson.
What Is Credit Counseling?
Credit counseling includes an evaluation of your personal financial situation, a discussion of alternatives to bankruptcy and a personal budget plan. The course takes about 60 minutes and can be completed online or on the phone. You will receive a certificate after completing this course.
Our lawyers will provide you with an approved New Jersey credit counseling organization that provides this course. You must complete this course before your debts can be discharged. Failure to complete the course will result in dismissal of your case.
What Is Post-Bankruptcy Debtor Education?
Debtor education includes information on developing a budget, managing money, using credit wisely and other financial topics. The course takes about two hours and can be completed online or on the phone. You will receive a certificate after completing the course.
In a Chapter 13 bankruptcy filing, you can complete the course any time within your three- to five-year payment plan. In a Chapter 7 bankruptcy, you must complete the course before you receive your discharge. If you do not complete the course, your case will be closed without the discharge of debts.
Contact Our Passaic County Bankruptcy Debtor Education Attorneys
Let us get you back on your feet so you can get on with your life. Call our experienced Essex County bankruptcy credit counseling attorneys today for a free one-half hour consultation at 973-414-8069. Our lawyers serve Essex, Union, Hudson, Passaic, Bergen, Morris, Middlesex, Sussex and other New Jersey communities.