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If you are new to the bankruptcy process you may not know that before you can even file bankruptcy you must take a pre bankruptcy credit counseling course and post bankruptcy counseling course. This is required by federal law and there is no way to get around taking these counseling courses. However, private companies have made easier than ever to complete these courses by offering them online. The only thing you need to do is pay your fee in advance and set up your schedule. After you have completed the course you will briefly speak with a counselor then you will have full filled the fist prerequisite to filing bankruptcy. As recommended by my Michigan bankruptcy attorney you can typically have the company email or fax the certification to your attorney’s office so they can file your bankruptcy petition along with your certification.

What are some of the challenges of taking the credit counseling course?

One of the problems with filing online is making sure you have a decent internet connection and you have the ability to talk on the phone at the same time if need be. If one of these is a problem and you can not get to a computer with a high speed internet connection then taking bankruptcy courses online may not be for you. In addition, to the technical challenges is the interview process that is involved before you ever take the pre filing class. When you meet with a certified counselor they will require you provide them with every single one of your creditors and the amount you pay each month to the creditor. The goal is to collect all your financial data so you are able to compare where your finances are at compared to what is taught in the video. The goal is to try to get you to identify and bad spending habits or ways where you can reduce your costs.

In conclusion, the certification process of bankruptcy is one several small hoops you jump through filing your bankruptcy. However, in the end to be able to wipe away all your debts and mistakes is truly worth it.