second bankruptcy course what are the questions

What is the second required bankruptcy course?

What is the name of the second bankruptcy course I must take? 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 is the debtor education course offered?

What classes do I need to take after filing 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. The financial strategies you learn will help ensure your success after your bankruptcy is over.

How do I get a certificate of course completion for bankruptcy?

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 does it cost to take a 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. Second Bankruptcy Course is also approved to issue certificates in compliance with the Bankruptcy Code by the Bankruptcy Administrators in ...

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.

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.

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.

Can you fail the debtor education course?

Remember, this is a no-fail course – you cannot fail the 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 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.

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 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.

Do you get a certificate of bankruptcy if you complete the bankruptcy course?

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.

What are the two types of bankruptcy?

A: In general, there are two main types of consumer bankruptcy. The first is called “ Chapter 7 ,” “ liquidation ,” or “straight bankruptcy .” Most of your assets are sold to pay your creditors. The assets you are allowed to keep will partly depend on the state where you live. The second type is called “ Chapter 13 ,” “reorganization,” or “wage earner’s plan .” You can usually keep most of your assets in return for a court-approved repayment plan. The particular type of bankruptcy you file will depend on your circumstances. A competent attorney can help you make the decision.

How long does bankruptcy counseling take?

The counseling typically takes 60 to 90 minutes. The counseling must be provided, before you file for bankruptcy by a non-profit credit-counseling agency, approved by the U.S. Trustee ’s Office.

How many hours of credit counseling is required for a pre discharge?

The course must be a minimum of two hours.

How long does it take to file for bankruptcy?

A Chapter 7 bankruptcy can typically be completed in three to six months. A Chapter 13 bankruptcy requires repayment plan, which are typically three to five years.

Can you keep your assets in bankruptcy?

You can usually keep most of your assets in return for a court -approved repayment plan. The particular type of bankruptcy you file will depend on your circumstances. A competent attorney can help you make the decision.

What does failure to take a course mean?

However, failure to take the course or to pass it could mean that your bankruptcy case is closed without a discharge. Fortunately, there are a few things you can do to fix the situation if you fail the course.

What happens if you fail debtor education?

This is why it’s important that you schedule your debtor education course as soon as possible so that if you fail it you can retake the course and still get your discharge.

How long do you have to take a 341?

You have 60 days from the initial date of your 341 meeting to take the debtor education course in a Chapter 7 case and file your certificate of completion with the bankruptcy court. This means that even if your 341 meeting is extended to another date, the clock starts ticking from the first date that was set. In a Chapter 13 case, you must take the court before you make your final plan payment. This is why it’s important that you schedule your debtor education course as soon as possible so that if you fail it you can retake the course and still get your discharge.

Can you pay extra to reopen bankruptcy?

You will need to pay extra to have your bankruptcy case reopened. Creditors may resume collections actions against you and seize your assets before you reopen your case. To avoid the costly consequences of failing your debtor education course you will need to act quickly.