What will take place during the pre-filing counseling session?
Beginning October 17, 2005, all individuals filing for bankruptcy under Chapter 7 or Chapter 13, will be required to participate in a pre-bankruptcy filing counseling session with an approved nonprofit budget and credit counseling agency within 180 days of filing. The agency providing the session must be approved by the Executive Office for U.S. Trustees (EOUST). Note: Agencies located in North Carolina or Alabama must be approved by the local Bankruptcy Administrator). Consumers who set up an appointment with CCCS of Nebraska, Inc. can expect the following: Estimated length: A counseling session of approximately 90 minutes maximum. Content: The session will include a discussion of the circumstances that led the consumer into financial difficulty, an overview of the bankruptcy process, a discussion of possible alternatives to bankruptcy, including advantages and disadvantages; and a personalized budget analysis. Format: Counseling can be face-to-face or over the telephone. Certificate:
