Arizona Bankruptcy and Credit Counseling Lawyers
Debt Relief Attorneys in Phoenix and Other Areas
One of the major changes that occurred when the new bankruptcy laws were enacted was the requirement for credit counseling and debtor education. Before a bankruptcy can be filed and your debts discharged, you must take this class. At wantafreshstart.com in Phoenix, Arizona, we will assist you in registering for these mandatory classes.
Before a bankruptcy petition can even be filed, you are required to attend classes on credit counseling where alternatives to bankruptcy are presented to you. Many see it as a last ditch effort for creditors to push debt consolidation as opposed to bankruptcy. The class lasts twenty minutes and can be taken over the telephone or the internet. When that class is completed, the filing of your bankruptcy can begin.
Debtor education is the second class required before your debts will be legally discharged. This is a one-hour class where you talk to a counselor about how to budget your money to prevent a future bankruptcy. This class is an important and proactive step in resolving your current and any future financial problems.
The credit counseling and debtor education classes are each $50, but we may be able to arrange it so you can take the class for free or we can include it in our overall fees. There is great value in these classes and it would be a small price to pay to not go into bankruptcy in the future. At wantafreshstart.com, we not only want to help you with your financial crises, but help to ensure that bankruptcy will be a less likely part of your future.
For more information or to schedule an appointment regarding credit counseling, please contact us.
To learn more about bankruptcy, please visit our Bankruptcy FAQs.
