For people considering filing for bankruptcy..many of them ask
“What is consumer credit counseling?”
Here are a few links covering the consumer credit counseling requirement that the was enacted in 2005’s passage of BAPCPA…
This one from the FTC:
http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre41.shtm
This one from the DOJ…it has a list of approved counseling agencies:
http://www.usdoj.gov/ust/eo/bapcpa/ccde/cc_approved.htm
These two links should help you in your search for information on consumer credit counseling…!
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One Comment
It is important to use approved agencies otherwise you may end up in a worse situation without realising it.
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Jessie…
Great information. I certainly will folow these recommendations! Please visit my site when you can….
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