The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 mandates that consumers receive financial counseling with an approved agency prior to their bankruptcy petition being filed. Further, the law requires consumers to participate in a financial education course before their debts can be discharged.
Consumer Credit Counseling Service of Greater Dallas, including its affiliated offices in 4 states, is a United States Trustee-approved non-profit provider of these services.* Our trained counselors are prepared to help you meet the requirements of the law, and as a convenience to consumers, we offer these services in-person, by phone or online.
The fee for each counseling and educational course, including materials, is $50. You may be considered for a hardship if social security disability is your only source of income.
The required certificates will be issued at the conclusion of each counseling and education.
Consumers wishing to file bankruptcy must complete a pre-filing counseling session with an approved agency within 180 days before filing for Chapter 7 or Chapter 13.
Topics covered during the course include a review of your current financial situation, an overview of bankruptcy, ramifications of bankruptcy, and an examination of alternative solutions to your financial dilemma.
Remember, this course must be satisfied prior to filing for bankruptcy.
Bankruptcy law stipulates that a consumer must receive a financial education course before his or her debts can be discharged.
This in-depth, comprehensive instruction covers such topics as creating a budget you can live with, understanding your credit report and score, finding hidden ways to save money, as well as the steps necessary to reenter the world of credit.
Long-term financial stability is our goal for you. This course is a step in that direction.
*CCCS Dallas is approved to issue certificates in compliance with the Bankruptcy Code.
Approval does not endorse or assure the quality of an agency's services.