BankruptcyBANKRUPTCY
While bankruptcy is always the last option, sometimes it is the only one. However, bankruptcy does not have to be the end of life as you know it. In fact, it can be a new start for you and your family.
Because of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, there are new procedures that must be followed. Bankruptcy laws require that in order to file a bankruptcy petition, you (and your spouse if both are filing) must receive a certificate of credit counseling (Pre-Bankruptcy Financial Counseling Certificate). The purpose for this is to ensure that there is no other way to repay the debt.
Additionally, before a judge can sign off on the petition for bankruptcy, a second certificate is required (Financial Education Certificate)**. This certificate is obtained by attending a two hour personal financial management class. During the class, you will learn how to avoid predatory lenders, how to budget your money, how to rebuild your credit after a bankruptcy and how to use credit wisely.
Consumer Credit Counseling Services of Northern Nevada is approved to issue certificates in compliance with the Bankruptcy Code. Approval does not endorse or assure the quality of an agency's services.
If you are having trouble making your home loan payments and are considering bankruptcy, it is highly recommended that you visit the government's HAMP (Home Affordable Modification Program) website, MakingHomeAffordable.gov.
The Making Home Affordable Program is a critical part of the government's effort to stabilize the housing market and help struggling homeowners get relief and avoid foreclosure. The Program includes opportunities for homeowners in bankruptcy to modify their mortgage to make their payments more affordable through the Home Affordable Modification Program.
Pre-Bankruptcy Financial Counseling:
Counseling is available in person, over the phone or on the internet. For internet or phone counseling, fill out this form, and a counselor will respond within 1-3 days.To schedule a session in person call 775-322-6557 x 130. Both internet and phone bankruptcy counseling will require that notarized proof of your identity be submitted to the agency prior to issuing a certificate. The cost for this certificate is $50.00 for a single person, $75.00 for a couple if completed on the internet and $50.00 each if completed on the phone or in person.
**Financial Education:
We are able to provide classes both online and in person. To schedule a class, call 775-322-6557 x 130. For online classes, you will need to contact a cousnelor via e-mail to receive instructions. The cost for this class is $50.00 per person, $75.00 for a couple if completed online. You will need your bankruptcy case number letter with you when you come in for the class.
Consumer Credit Counseling Service is able to reduce or even waive fees for these certificates in some situations. Your counselor will be able to let you know if you qualify for assistance with the cost of your certificate(s).
Because of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, there are new procedures that must be followed. Bankruptcy laws require that in order to file a bankruptcy petition, you (and your spouse if both are filing) must receive a certificate of credit counseling (Pre-Bankruptcy Financial Counseling Certificate). The purpose for this is to ensure that there is no other way to repay the debt.
Additionally, before a judge can sign off on the petition for bankruptcy, a second certificate is required (Financial Education Certificate)**. This certificate is obtained by attending a two hour personal financial management class. During the class, you will learn how to avoid predatory lenders, how to budget your money, how to rebuild your credit after a bankruptcy and how to use credit wisely.
Consumer Credit Counseling Services of Northern Nevada is approved to issue certificates in compliance with the Bankruptcy Code. Approval does not endorse or assure the quality of an agency's services.
If you are having trouble making your home loan payments and are considering bankruptcy, it is highly recommended that you visit the government's HAMP (Home Affordable Modification Program) website, MakingHomeAffordable.gov.
The Making Home Affordable Program is a critical part of the government's effort to stabilize the housing market and help struggling homeowners get relief and avoid foreclosure. The Program includes opportunities for homeowners in bankruptcy to modify their mortgage to make their payments more affordable through the Home Affordable Modification Program.
Pre-Bankruptcy Financial Counseling:
Counseling is available in person, over the phone or on the internet. For internet or phone counseling, fill out this form, and a counselor will respond within 1-3 days.To schedule a session in person call 775-322-6557 x 130. Both internet and phone bankruptcy counseling will require that notarized proof of your identity be submitted to the agency prior to issuing a certificate. The cost for this certificate is $50.00 for a single person, $75.00 for a couple if completed on the internet and $50.00 each if completed on the phone or in person.
**Financial Education:
We are able to provide classes both online and in person. To schedule a class, call 775-322-6557 x 130. For online classes, you will need to contact a cousnelor via e-mail to receive instructions. The cost for this class is $50.00 per person, $75.00 for a couple if completed online. You will need your bankruptcy case number letter with you when you come in for the class.
Consumer Credit Counseling Service is able to reduce or even waive fees for these certificates in some situations. Your counselor will be able to let you know if you qualify for assistance with the cost of your certificate(s).
575 E. Plumb Lane
Reno, NV 89502
Toll free: 800-275-0137
FCS: 775-329-0623
CCCS: 775-322-6557
Fax: 775-322-2059
Reno, NV 89502
Toll free: 800-275-0137
FCS: 775-329-0623
CCCS: 775-322-6557
Fax: 775-322-2059
BANKRUPTCY