There is a credit counseling class you must take prior to filing bankruptcy, and a second financial management course you must take after filing bankruptcy.
If you don’t take the first class, your case will be dismissed within two weeks of filing the case, and you’ll have to do it all over again. If you don’t take the second class, your case will close without a discharge, and all of your debts will survive the bankruptcy.
So, let’s say you have a foreclosure tomorrow morning at 9 a.m. You’d better be taking that class online while you’re looking for a bankruptcy attorney to help you. The class is not difficult; there are no wrong answers. It is simply a hoop you have to jump through before you go bankrupt. It usually takes about an hour to complete online.
Right now, the cheapest class seems to be offered by www.debtorcc.org for $9.95. However, they don’t offer the course on weekends. If you are in a pinch, www.abacuscc.org offers the course on weekends.
When you finish the class, they will email a certificate to your attorney, and he will will file it with your bankruptcy case.
Just remember, you must take the class before you go bankrupt.