Dupage County Credit Counseling

Illinois Bankruptcy Attorney

In order to file for bankruptcy, a debtor must complete credit counseling with an approved agency. This must be done within 180 days before filing a bankruptcy petition, or the case will most likely be dismissed. Although there are rare exceptions to this rule, generally speaking the bankruptcy court judge will have little to no authority to waive the credit counseling requirement and therefore approve your petition. If you have concerns that you will not be able to complete credit counseling, talk to a legal professional about your options in this regard. Dupage County bankruptcy lawyer Joseph P. Doyle can meet with you and talk about your case during a free initial consultation.

Since 2005, credit counseling has been a mandatory requirement for all Chapter 7 and Chapter 13 bankruptcies throughout the United States. The average cost for a course of this kind is approximately $30 to $50, although the specific cost will vary depending upon where you live. Credit counseling must be done with an agency approved by the U.S. Trustee’s Office in order to be valid, and the debtor will receive a certificate upon completion to file with his or her bankruptcy petition. During the credit counseling briefing, the debtor will undergo an evaluation of his or her personal finances, a budget and will discuss possible alternatives to bankruptcy.

Credit Counseling and Bankruptcy in Dupage County, IL

If you would like to get more information about bankruptcy and credit counseling in your area, the Law Office of Joseph P. Doyle can help. Your initial consultation is free, and we have the experience and legal knowledge to give you applicable, honest advice regarding your case. We take on cases throughout Dupage County and the surrounding areas in Illinois.

Contact our firm today!