Rhode Island Debt Management Credit Counseling Services Lawyer
If you are considering filing for Chapter 7 or Chapter 13 bankruptcy, you are required to participate in mandatory credit counseling prior to filing. Contact debt management and credit card counseling services attorney Robert B. Jacquard, Esq., to schedule a free consultation and complete the required credit counseling class.
Since 1999, I have helped many people start a new, debt free life. At my personal bankruptcy and debt relief law office, part of my personal bankruptcy law service includes recommending approved credit counseling professionals to help you meet the credit counseling requirement of the new bankruptcy laws enacted in 2005.
As an attorney, I can explain to you how debt management and credit counseling services operate and help you determine if they are right for you.
New Bankruptcy Laws Credit Counseling Requirements:
- An approved credit counselor will review your financial situation
- Together, you will determine your total debt amount
- You will review your ability to repay
- The counselor will take the time to explore all of the options available to you
- You will receive a certificate of completion
- The certificate of completion must accompany your bankruptcy filing papers
You should be aware that the credit counseling industry is under national scrutiny for deceptive advertising and charging excessive fees. In many cases, people who want to avoid bankruptcy may sign up for a debt repayment plan at the credit counseling office, only to find themselves scrambling to pay the associated fees, on top of a burdensome debt load. I urge my clients to listen carefully, ask many questions, and think about the financial implications of signing on to a debt repayment plan during a required credit counseling session.
Call the debt management and credit counseling services attorney’s office of Robert B. Jacquard, Esq., for a free consultation. I will be able to quickly assess whether or not it will be beneficial for you to file for bankruptcy.