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What is the credit counseling requirement in bankruptcy?

Prior to filing for bankruptcy relief, a consumer debtor must complete an accredited course, and obtain a certificate, showing that they entered certain information with a third-party outfit. This is one of the more ludicrous provisions of the…
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Bankruptcy vs Credit Counseling

Debt Management and Payments The airwaves are filled with ads touting debt settlement or debt negotiation, implying that is a better solution than bankruptcy. A credit counseling plan, also called debt consolidation, or debt management…