One of the major updates to the bankruptcy law was the addition of educational requirements for debtors. Before filing for bankruptcy, you’re required to satisfactorily complete a credit counseling course from a court-approved provider. After filing, you must complete a debtor education course before receiving your discharge. In almost every circumstance, these courses are mandatory. You can ask your bankruptcy lawyer if you might qualify for an exception.
The bankruptcy court may grant an exception for debtors who are on active military duty in a combat zone. Debtors who are mentally incapacitated to the extent that they cannot understand their finances can be exempted. A physical disability may also qualify for an exception, as long as it prevents the debtor from completing the course over the phone, online, and in person. Lastly, you might qualify for the exigent circumstances exception if you had to file for bankruptcy urgently to prevent a significant harm. However, you’ll still have to complete the course after filing.
A bankruptcy lawyer at Cutler & Associates, Ltd. will guide you through every step of the bankruptcy filing and discharge process. Become a client at our law firm in Schaumburg today by calling (847) 961-4572.