when should i take my second bankruptcy course

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).

Full Answer

What is the second required bankruptcy course?

It is kind of confusing because the second course goes by various names. 2nd required bankruptcy course, debtor education course, financial management course, post-filing course, pre-discharge course, they all mean the same thing. How do I sign up for the course?

When do I take the bankruptcy course?

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.

Is my personal information safe with second bankruptcy course?

Yes, Second Bankruptcy Course is committed to maintaining your privacy and online confidentiality, including the use of special encryption to protect your personal information. Please see the Privacy Policy for more information.

Which credit counseling course do I take when I file 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. You'll take the debtor education course after filing your case.

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.

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 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.

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 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).

What does "approved" mean in bankruptcy?

Approved to issue certificates in compliance with the Bankruptcy Code. Approval does not endorse or assure the quality of a Provider’s services.

Is there a fee for taking the second bankruptcy course?

Yes, there are no additional fees charged for taking the Second Bankruptcy Course together.

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 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.

What is required to file for bankruptcy?

The Act requires that individuals filing for bankruptcy complete a credit counseling course prior to filing. It also requires a debtor education course after filing but prior to discharge.

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.

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.

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 to get discharged from Chapter 7?

To receive a discharge in Chapter 7 or Chapter 13 bankruptcy, you are required to take a debtor education course after you file your case. The goal of the debtor education requirement is to educate you on making smart financial choices so that you won't have to seek bankruptcy relief in the future. When you take the debtor education course, you ...

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.

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 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 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 .