how long is the 2nd bankrutpcy course

Full Answer

How long does it take to complete second bankruptcy course?

All debtor students must remain within the course and its content for a minimum of two (2) hours and successfully complete a Final Test covering course content. Second Bankruptcy Course is not responsible for any client-side technical problems or challenges.

Why pay more for second bankruptcy course?

Why Pay More? Second Bankruptcy Course provides you an easy way to complete the post-filing debtor education course. This self-paced, online personal financial management course satisfies your debtor education requirements after you file for a Chapter 7 or Chapter 13 personal bankruptcy in the U.S.

Is secondsecond bankruptcy course LLC approved by the US Trustee?

Second Bankruptcy Course LLC is approved by the United States Trustee to issue certificates in compliance with the Bankruptcy Code. Approval does not endorse or assure the quality of a Provider’s services.

What is second bankruptcy course required to disclose to me?

Second Bankruptcy Course, LLC (Second Bankruptcy Course) is required to disclose the following to you: Approval: Second Bankruptcy Course LLC is approved by the United States Trustee to issue certificates in compliance with the Bankruptcy Code. Approval does not endorse or assure the quality of a Provider’s services.

How much is the second bankruptcy course?

The Second Bankruptcy Course is only $14.95. Married couples that have filed a joint bankruptcy can take pre-discharge bankruptcy course together or separately. The second bankruptcy course is available 24 hours a day, 7 days a week. You can take the course at your own convenience and at your own pace.

How long is the debtor education course?

This is a 2 hour timed course, as required by law. You are not required to complete the debtor education course in one sitting. If you log off mid-course, upon signing back in, it will resume from where you left off.

How much is bankruptcy education?

First and second bankruptcy courses that are affordable, convenient and simple to complete. The Debtor Education Course is Only $14.95 per household. This is the 2-hour timed Debtor Education Course as required by law. Take the course 24/7 from any computer.

Is the second bankruptcy course available?

We have designed the US Trustee and Bankruptcy Administrator approved second bankruptcy course and website with the user in mind: you will find that it is very simple to use and easy to navigate. The course is available in written, audio, and video formats for your convenience. Our customer service team prides itself on providing excellent support to answer any questions you may have.

How much does a post bankruptcy education course cost?

Our post-filing debtor education course is available for $20. If you are filing a joint bankruptcy, you are only required to pay one fee to take the course.

How long is the post filing debtor education course?

The post-filing debtor education course takes a minimum of 2 hours. This time requirement conforms to the Executive Office for U.S. Trustees (EOUST) minimum program guidelines.

What classes do you need to take after bankruptcy?

Debtor education, post-filing course, pre-discharge course, and personal financial management class all refer to the same class. This is the class you need to take after your bankruptcy case is filed.

How long do you have to take Chapter 7 bankruptcy?

In a chapter 7 case, you must take the debtor education course: (1) after you file your bankruptcy case and (2) within 60 days after your first meeting date with your creditors and bankruptcy trustee. This meeting is also known as a Sec. 341 meeting (named after Sec. 341 of the Bankruptcy Code which requires it).

How to start a telephonic course?

You can begin the course online at anytime or call 800.214.7030 Monday through Friday, 8am-8pm ET and a representative will take payment and send you into the telephonic course.

How to complete the automated telephonic course?

To complete the automated telephonic course, call 800.214.7030 Monday through Friday, 8am-8pm ET and a representative will take payment and send you into the course – no appointment necessary. alternatively, you can register online 24/7 and follow the instructions to call into the course.

When do you have to take bankruptcy education?

In a chapter 13 or chapter 11 case, the debtor education course must be taken (1) after you file your petition for bankruptcy and (2) no later than the last payment you have to make as required by your bankruptcy plan, or the filing of a motion for entry of a discharge.

How long do you have to take the bankruptcy course?

If you file a Chapter 7 you will need to take the course within 60 days after your 341 meeting and if you file a Chapter 13 you will need to take the course before your last payment.

How to complete the ed course?

Complete the course Online. 1. Click Get Started. 2. Follow the on-screen instructions to fill in your registration details and pay for the course. ℹ. 3. The course will take approximately 2 hours to complete. You do not have to finish it at one time and can return to finish it at your own pace.

How to register for a course in Puerto Rico?

1. Call 800.214.7030 (1.513.228.5969 Puerto Rico), 8AM-8PM ET, M-F to register. ℹ. 2. You can either be transferred to the automated course immediately or call back and enter the requested information to complete the course at any time. 3. The course will take approximately 2 hours to complete.

Who approves the second bankruptcy course?

Second Bankruptcy Course LLC is approved by the United States Trustee to issue certificates in compliance with the Bankruptcy Code. Approval does not endorse or assure the quality of a Provider’s services.

What is a self-paced online financial management course?

This self-paced, online personal financial management course satisfies your debtor education requirements after you file for a Chapter 7 or Chapter 13 personal bankruptcy in the U.S.

What is a second bankruptcy course instructor?

Instructors’ Qualifications: The Second Bankruptcy Course instructor that will be delivering your bankruptcy debtor education is an experienced and trained professional. Instructors either hold a teaching certificate or have been certified as a personal finance counselor by a third-party organization.

Who approves the second bankruptcy course?

Approval: Second Bankruptcy Course LLC is approved by the United States Trustee to issue certificates in compliance with the Bankruptcy Code. Approval does not endorse or assure the quality of a Provider’s services.

How much does bankruptcy education cost?

Course Fee Policy: For an individual or joint bankruptcy, the cost of the bankruptcy debtor education course is $20. The fee is the same regardless of the course delivery method selected, Internet or telephone. Payment can be made by debit card, credit card or prepaid card. No additional fees are charged for the generation of the certificate upon the successful completion of the course.

How long do you have to take bankruptcy course?

All debtor students must remain within the course and its content for a minimum of two (2) hours and successfully complete a Final Test covering course content.

Does Second Bankruptcy Course have Spanish?

Debtors with Limited English Proficiency: Second Bankruptcy Course offers its instructional course in Spanish as well as English. Debtors who are not proficient in either English or Spanish should visit The United States Department of Justice Trustee Program's website for assistance in obtaining a course in his/her native language.

Do you get a certificate of bankruptcy?

Certificate Issuance: A debtor will only receive a certificate if the debtor completes the bankruptcy debtor education course. Upon debtor’s completion of the course, Second Bankruptcy Course has the obligation to promptly provide a certificate of course completion to the debtor student. If requested, Second Bankruptcy Course may also provide debtor’s attorney and/or bankruptcy judge/trustee with copies of the certificate, as well as any other required information gathered during the counseling session. In the absence of such a request, the debtor student, and not Second Bankruptcy Course, is responsible for providing a copy of the certificate of completion to their attorney and/or the court.

How long is the debtor education course?

As a result, the debtor education requirement is a 2-hour course. When done, you'll receive a certificate of completion that you have to submit to the bankruptcy court.

How long is credit counseling?

The Executive Office of the United States Trustee (“EOUST”) states that “sessions should last approximately 60 minutes .”.

How long do you have to take pre bankruptcy credit counseling?

You have 6 months to take the pre-filing course. Once your forms are filed with the bankruptcy court, you’ll want to get the second course done within 60 days of your meeting of creditors (or before the meeting, if you want). The courses are offered by nonprofit organizations that are pre-approved by the U.S. Trustee (or the bankruptcy administrator).

What is Upsolve for bankruptcy?

3 minute read • Upsolve is a nonprofit tool that helps you file bankruptcy for free. Think TurboTax for bankruptcy. Get free education, customer support, and community. Featured in Forbes 4x and funded by institutions like Harvard University so we'll never ask you for a credit card. Explore our free tool

What to do during a credit counseling session?

During the credit counseling session, you'll speak with a credit counselor about your financial situation. Once done, they may recommend that you consider a repayment plan but oftentimes they'll simply provide you with the bankruptcy certificate to submit to the court along with your bankruptcy forms. The certificate is how you prove ...

How long is a certificate of completion good for?

You get the certificate of completion after you’ve completed the course. It’s good for 180 days.

Do you need to take bankruptcy classes if you have no financial management skills?

Of course, this instructional course is required even if the reason for your bankruptcy filing had nothing to do with your financial management skills.

How long do you have to take bankruptcy classes?

How long do I have to take it after filing for bankruptcy? A: In a chap­ter 7 case, you must take the debtor edu­ca­tion post-​​bankruptcy class (1) after you file your peti­tion for bank­ruptcy and (2) within 45 days after your first meet­ing date with your cred­i­tors and bank­ruptcy trustee.

How long does it take to complete bankruptcy counseling?

A: The pre-​​filing bankruptcy credit counseling course takes a minimum of 60 minutes to complete. The pre-​​discharge debtor education course takes a minimum of 2 hours. Theses time requirements conform to the EOUST and the Alabama Bankruptcy Administrators' program guidelines.

What is the pre discharge debtor education course?

The debtor education course is also known as the personal financial management course or the post-​​filing debtor education course, and completion of this course is required ...

How to start BK classes online?

A: You can begin the courses online by visiting our home page www.BKClass.com or by calling 1- (800)-BK-CLASS.

Does a pre-filing bankruptcy certificate expire?

A: Yes, the pre-​​filing bankruptcy credit counseling certificate expires 180 date from the date if is issued by Access. The pre-​​discharge debtor education certificate issued by BKClass Inc. is valid until your court ordered completion date for discharge. Your bankruptcy attorney may be able to provide additional clarification regarding these requirements.

Can you fail a financial literacy course?

A: No. Each course is designed to help you understand your own personal financial picture. There are short quizzes in the course, however, you cannot fail! They are presented merely as a way to make sure that key information is delivered to you during each course.

Is bankruptcy counseling available on the internet?

A: The bankruptcy counseling course is available by internet or by telephone. The debtor education course is available by internet only.

How long does debtor education last?

Regardless of the method of instruction, the course will typically last at least two hours. If you attend the course in person, an instructor will provide you with course materials and teach you in a class setting.

What courses do you need to take to file for bankruptcy?

When you file for bankruptcy, you'll complete two courses—a credit counseling course and a debtor education course. If you're unsure which to take or how to find approved providers, these basics will help:

What happens if you don't complete debtor education?

If you don't complete the debtor education course within the specified deadlines, the court will typically close your bankruptcy case without a discharge. This means that if you want to wipe out your debts, you will need to file a motion, pay the necessary fees, and ask the court to reopen your case so that you can file ...

How much is a reasonable fee for debtor education?

But the new rules published by the Executive Office for U.S. Trustees (EOUST) state that $50 or less is a reasonable fee. If a debtor education provider wants to charge more than $50, it has to get approval from the EOUST. (Learn more about the new debtor education rules .) Fee waivers.

What is debtor education?

The purpose of the debtor education course is to teach you how to manage money and use credit wisely after bankruptcy. If you don't complete the debtor education requirement, the court won't issue a discharge in your bankruptcy. Read on to learn more about the debtor education course requirement in bankruptcy.

How many pages does bankruptcy take?

Bankruptcy is an unusual area of law because it's essentially a qualification process. The laws provide instructions for completing a 50- to 60-page bankruptcy petition, and because all rules apply in every case, you can't skip a step.

Do you have to take the second course before discharge?

It's the second course. You must complete it before receiving your debt discharge (the order that erases qualifying debt) unless you're exempt from taking the debtor education course.