how to file 2nd bankruptcy course

To register for the Second Bankruptcy Course, please complete the form below and click Sign Up Now. This course is taken after you file for bankruptcy and the cost is $14.95 per household. If you need to register for the First Bankruptcy Course, which is taken before you file for bankruptcy, please click here.

Full Answer

How do I start the process of bankruptcy?

• How Do I Start Bankruptcy Proceedings? The process starts when you meet with your Licensed Insolvency Trustee and fill in the appropriate paperwork. ...
• What is an Unsecured Debt? Bankruptcy is designed to eliminate unsecured debt. ...
• What Can I Keep Once I Have Declared Bankruptcy? ...

How many credit counseling classes required 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: You'll take the credit counseling course before bankruptcy.

Should you purchase a car before filing for bankruptcy?

You can buy a car before bankruptcy, but it’s not always the best course of action. Depending on your access to other forms of transportation, the value of the vehicle and your ability to secure a loan, you may want to go without until you’re in a better financial position.

What are the steps in the bankruptcy process?

Step 1: Determining Eligibility. The first step in bankruptcy is to determine if you are eligible to file. The law now requires that you complete credit counseling within 180 days of your filing. At our firm, we can provide you with the list of accredited agencies so you get this requirement completed. If you don't provide the court with a ...

What is the second course in bankruptcy?

The second course is required as part of your bankruptcy. The purpose of debtor education is to provide you with the knowledge and skills to take control of your financial future. The course is taken after your bankruptcy has been filed but before you receive your discharge.

What is the second course in credit counseling?

The second course is a financial management session, which is more educational.

What is the purpose of Debtor Education?

The purpose of debtor education is to provide you with the knowledge and skills to take control of your financial future. The course is taken after your bankruptcy has been filed but before you receive your discharge. The financial strategies you learn will help ensure your success after your bankruptcy is over.

How to get a case number if my attorney has not filed?

There are 3 main ways to get this information: Call VCIS (Voice Case Information System) at: (866) 222-8029 (automated line) Ask your attorney. Ask the bankruptcy court.

How long does it take to complete a debtor education course?

The course is required to take a MINIMUM of 120 minutes (2 hours) to complete. The course is timed, and you cannot finish early. Take your time and spend the full two hours on the course material. All debtor education providers have the same time requirement.

Can you get a bankruptcy certificate if you are referred to a different provider?

Yes, even if you were referred to a different provider, the certificate you receive after completing the BE Adviser debtor education course is accepted everywhere, by all attorneys and by all bankruptcy courts.

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.

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.

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 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 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.

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.

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 long do you have to wait to file a second Chapter 7?

Filing a Second Chapter 7 Bankruptcy. You must wait eight years from the filing date of your first Chapter 7 bankruptcy to file another. This time lag is partially due to the government's effort to reduce bankruptcy abuse. Before the 2005 bankruptcy reform, a debtor only had to wait six years before filing for a second Chapter 7 bankruptcy.

How long do you have to wait to reinstate a bankruptcy?

Depending on the type of second bankruptcy you want to file, there may not be a waiting period or a waiting period of up to eight years. A second bankruptcy may also be filed after a dismissal of the first one. A dismissal is different from a discharge. A discharge releases you from any liability ...

How long do you have to file for bankruptcy after Chapter 13?

To file a Chapter 7 bankruptcy after a Chapter 13 discharge, you must wait six years from the filing date of the prior Chapter 13 bankruptcy. However, there is no waiting period if you're filing a second Chapter 7 bankruptcy after a Chapter 13 discharge if all of your Chapter 13 creditors were paid, or if 70 percent of your creditors were paid using your best efforts. As previously mentioned, if you are filing a Chapter 7 bankruptcy after a prior Chapter 7 discharge, eight years must have passed from the filing date of the previous Chapter 7 bankruptcy before you can do so.

What is Chapter 7 bankruptcy?

In addition, both bankruptcies may result in a discharge of your debts. In a Chapter 7 bankruptcy, you receive a discharge after the trustee sells your assets and uses the money to pay your creditors. A Chapter 13 bankruptcy allows you to enter into a repayment plan with your creditors that lasts for a three to five year period.#N#Read More: Can One Spouse File for Chapter 13 & the Other for Chapter 7?

How long does a Chapter 7 bankruptcy last?

A Chapter 13 bankruptcy allows you to enter into a repayment plan with your creditors that lasts for a three to five year period.

How long can you stay in Chapter 13 bankruptcy?

You may also file a second Chapter 13 bankruptcy immediately after your first Chapter 13 bankruptcy was dismissed, but an automatic stay (protection from your creditors) may be limited to 30 days or not granted at all. In contrast, you may not receive a Chapter 13 discharge until four years have passed since filing for a Chapter 7 bankruptcy.

How long after filing Chapter 13 can you file Chapter 13?

A second Chapter 13 bankruptcy may be filed any time after a prior Chapter 13 bankruptcy discharge; however, you will not be eligible for a discharge under the second bankruptcy until two years have passed since filing the previous Chapter 13 bankruptcy. You may also file a second Chapter 13 bankruptcy immediately after your first Chapter 13 bankruptcy was dismissed, but an automatic stay (protection from your creditors) may be limited to 30 days or not granted at all. In contrast, you may not receive a Chapter 13 discharge until four years have passed since filing for a Chapter 7 bankruptcy.

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).

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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 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 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 credit counseling for Chapter 7?

Is credit counseling required for Chapter 7? Yes, individuals who file any type of bankruptcy (Chapter 7, Chapter 13, or Chapter 11) have to complete this requirement. The credit counseling requirements exist to make sure that everyone filing bankruptcy knows about all available debt relief options .

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 bankruptcy abuse prevention and consumer protection act?

A: The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 includes two provisions mandating financial counseling and education: Before filing for bankruptcy, consumers are required to have a briefing on the alternatives to bankruptcy; and before receiving a bankruptcy discharge a debtor is required to complete an instructional course concerning personal financial management. These provisions were included to provide debtors in bankruptcy with the skills and tools needed to potentially avoid future financial problems.

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 ...

What is pre filing bankruptcy?

The pre-​​filing bankruptcy credit counseling course is also known as a pre-​​petition counseling session or a budget briefing. You will be required to provide a certificate of completion showing you have completed the bankruptcy credit counseling course prior ...

What is a B23 form?

A: Form B23 , also known as Form 23 Debtor’s Cer­ti­fi­ca­tion of Com­ple­tion of Instruc­tional Course, is a form stat­ing that you cer­tify that you have com­pleted a course in per­sonal finan­cial man­age­ment. This Debtor’s Cer­ti­fi­ca­tion of Com­ple­tion must be filed with the Bank­ruptcy Court in accor­dance with fil­ing dead­lines required for Chap­ter 7 or Chap­ter 13.

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.

How long does it take to complete a bankruptcy post filing course?

The post-filing course will take approximately 2 hours to complete. To begin the course you will need your bankruptcy case number. Please note, you cannot take the course until your case has been filed.

How long does it take to file for bankruptcy?

First Bankruptcy Course. The pre-filing course will take approximately 90 minutes to complete. To take the course you will need to know your monthly income, monthly expenses, property information and any debts you have. All courses are available in English and Spanish.

Does bankruptcy approval endorse credit counseling?

Approval does not endorse or assure the quality of the Provider’s services.

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:

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.

When Do I Have to Complete the Debtor Education Requirement?

Chapter 13 filers must file the completion certificate before making the last Chapter 13 repayment plan payment.

How Much Does the Debtor Education Course Cost?

If your household income is below 150% of the poverty line, you'll be eligible for a fee waiver. Otherwise, $50 or less is reasonable.

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 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.

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.