how to file certificate of financial management course

What is a financial management certificate?

A Certification of Financial Management Course for Debtor (Certificate of Debtor Education) is filed by the debtor or debtor’s counsel to certify completion of a financial management course offered by an approved debtor education provider. This certificate is only required if the debtor is an individual.

When do you file a B423?

A Chapter 7 debtor must file a Certificate of Debtor Education within 60 days after the first date set for the meeting of creditors.

What is the rule change for bankruptcy?

Effective December 1, 2013, Federal Rule of Bankruptcy Procedure 1007 (b) (7) has been amended to permit an approved debtor education provider to notify the court directly that the debtor has completed a post-petition instructional course concerning personal financial management.* This rule change applies to debtor education certificates ONLY, which is a course you take after you file bankruptcy, not to credit counseling certificates, which are for a course that you must take before you file bankruptcy.

Do you have to take credit counseling before filing bankruptcy?

This rule change applies to debtor education certificates ONLY, which is a course you take after you file bankruptcy, not to credit counseling certificates, which are for a course that you must take before you file bankruptcy.

What documents must be redacted?

All filers must redact: Social Security or taxpayer-identification numbers; dates of birth; names of minor children; and financial account numbers, in compliance with Fed. R. Bankr. P. 9037. This requirement applies to all documents, including attachments.

When will the 1007b(7) go into effect?

As an approved personal financial management course provider, you are now allowed to file the certificate of completion of the post-petition personal financial management course for debtors directly with the court. Bankruptcy Rule 1007(b)(7) has been amended to streamline this process and is scheduled to go into effect on December 1, 2013.

Can joint debtor certificates be attached to a document?

If applicable, a joint debtor certificate can be added as an attachment. Click the Yes radio button at the right of the Attachments to Document prompt. (See Figure 10).

What happens when you file a joint case?

If you are filing the certificate in a joint case, a screen will appear prompting you to select the appropriate radio button for whom the certificate is being filed. (See Figure