Consumer Credit and Budget Counseling

Consumer Credit and Budget Counseling is approved to issue certificates evidencing completion of a personal financial management instruction course in compliance with the Bankruptcy Code in the States of California, Connecticut, Georgia, Maine, Massachusetts, New Jersey, New York, Pennsylvania, Vermont and Virginia . If you do not reside in these states please find an approved agency at: www.usdoj.gov/ust .

 

Online:

Begin the process Here.

 

Face-2-Face:

Register Here

 

Approved States in White:

Debtor Education:

Personal Financial Management Instructional Course

This site provides the Personal Financial Management Instructional course an individual must receive before discharging debts under the bankruptcy code.

 

The course covers the following information:

 

Budget Development

Setting short-term and long-term financial goals, as well as developing skills to assist in achieving goals. 
Calculating gross monthly income and net monthly income.
Identifying and classifying monthly expenses as fixed, variable, or periodic

 

Money Management

Keeping adequate financial records. 
Develop decision-making skills required to distinguish between wants and needs, and to comparison shop for goods and services.
Maintaining appropriate levels of insurance coverage, taking into account the types and costs of insurance.
Saving for emergencies, for periodic payments, and meeting financial goals. 

 

Wise Use of Credit

The types, sources, and cost of credit and loans.
Identifying debt warning signs. 
Appropriate use of credit and alternatives to credit use. 
Checking a credit rating. 

 

Consumer Information

Public and non-profit resources for consumer assistance. 
Applicable consumer protection laws and regulations, such as those governing the correcting of a credit record and protection against consumer fraud.