Bankruptcy Counseling

Bankruptcy counseling is a mandatory session with a certified credit counselor before filing for bankruptcy. Its purpose is to help individuals understand their financial situation, explore alternatives to bankruptcy, and develop a plan to manage or improve their finances. The session provides guidance on budgeting, debt repayment options, and the potential impact of bankruptcy. Approved counselors review your financial situation and issue a certificate, which is required for filing. This counseling ensures you make an informed decision and consider strategies to regain financial stability.