The first bankruptcy course must be taken before filing bankruptcy—specifically within 180 days before you file your petition and is offered by DebtorCC.org The second bankruptcy course must be taken after you file bankruptcy but before you receive your discharge and is offered by DebtorEdu.co...

Yes, DebtorCC is a fully legitimate and trustworthy provider of bankruptcy credit counseling course. DebtorCC is officially approved by the United States Trustee Program to provide pre-filing course in all 50 states and U.S. territories. They have been in business since 2012, are accredited by the B...

A pre-filing bankruptcy course, officially known as credit counseling, is a mandatory educational session required by federal law that you must complete before filing for bankruptcy. You must take this course through an approved credit counseling agency like DebtorCC.org within 180 days before filin...

Saving money is one of the best financial moves you can make for your future self. While there are many money saving strategies, one unique method is to take an online defensive driving course.

The meeting of creditors is the one thing that all bankruptcy cases in the United States have in common. The Bankruptcy Code requires that this meeting, sometimes also called the 341 meeting or the creditors meeting, happens about a month after the bankruptcy petition is filed with the court.

When you start looking into filing for bankruptcy you will see various kinds, Chapter 7, Chapter Chapter 9, Chapter 11, Chapter 13 among them. The two kinds that are intended for consumers, regular people who have debts they cannot handle any longer, are Chapters 7 and 13. We will explain Chapter 7 ...

If you've reached the point of considering filing for bankruptcy, you are probably all too familiar with harassing telephone calls from various creditors. The calls can be stressful and sometimes downright abusive. But as a consumer, you have rights and protections that were put in place to stop cre...

When people hear the term bankruptcy they often imagine credit card debt fueled by reckless spending. But that is a misconception. In fact, the majority of bankruptcies are caused by medical debt. Credit cards aren't even in second place, they're in third behind unaffordable mortgages or foreclosure...

One of the biggest fears people have about filing for bankruptcy is what it will do to their credit. As anyone considering bankruptcy probably already knows, a Chapter 7 bankruptcy stays on your credit report for 10 years while Chapter 13 stays on your report for 7 years. But that doesn’t mean...

Deciding whether or not to file bankruptcy is already a difficult and stressful decision. But when you add in all of the myths surrounding bankruptcy, what for most people is a beneficial and pretty straight forward process can seem downright scary.

Whether or not to file for bankruptcy is a huge decision with a lot of consequences. When you start researching the topic, you’ll see a lot of those consequences detailed and most of them will be negative, even dire. Your credit will be ruined for years! You’ll never be able to buy a hom...

If you’re considering filing for bankruptcy, you’ve likely been doing a lot of reading and research. But you’re not a bankruptcy lawyer so a lot of the terms around the bankruptcy process are unfamiliar to a layperson. That can make learning if bankruptcy is the right decision for ...

Filing for bankruptcy is a big decision with a lot of consequences, some of them long-term. Deciding if bankruptcy is the right choice and handling your finances after the proceedings are complete can be daunting parts of the process. This is why there are two bankruptcy courses that would be filers...

Filing for bankruptcy can have serious, long-lasting consequences so it’s not a decision that anyone makes without serious consideration. Filing for bankruptcy can give you a much needed clean slate but it’s not always the best or the only option. When you’re asking yourself, &ldqu...

Behind on payments? Cosigned for a friend? Avoiding mail from your car lender? It’s a sticky situation to be in if you can no longer afford to pay your auto loan. Thousands of americans are at risk of losing their vehicles every year and many of those people take little or no action to protect...

Medical debt is one of the main reasons people file bankruptcy. According to an article on Huffington Post, 62% of personal bankruptcy cases in the united states are caused by medical debt. Although there are many ways to practice good health such as dieting and exercising, anyone, including the mos...

According to a study done by NerdWallet, the average amount of household debt is approximately $131,431. This amount of debt can be extremely overwhelming for an individual to take on after losing a partner through separation or death. Although there are many ways to prevent debt from accumulating, ...

In some cases, you may feel overwhelmed when dealing with multiple creditors. It can be difficult to work out payment plans with your creditors if you have less money coming in than going out. Sadly millions of americans, from millennials to people considering retirement, are struggling to keep up w...

Most people in the United States either file Chapter 7 or Chapter 13 bankruptcy, depending on a number of factors including  income, assets, debts and more. Here is an in depth look at the differences between Chapter 7 and Chapter 13 bankruptcy. 

Base interest rates, as set by the Federal Reserve on a routine basis, are a very important component of the economy, and the more our economy depends on borrowing, the more important those interest rates become. Over the past decade, our interest rates have been among the lowest in our history. Put...

If you are one of those who struggles with gaining control over your credit card debt, you might feel better knowing you are not alone. In fact, the average American's credit card balance runs to more than $15,000. What most of them - and you - may not know is that there are myriad ways for you to r...