bankruptcy process entails far more than simply filing a petition and obtaining a
discharge of your debts. Among the many steps needed to complete the process,
you will be required to take a financial management course and present
a certification of completion in order for you to get the bankruptcy discharge
and begin rebuilding your financial health.
At Allmand Law Firm, PLLC, we know that many clients who come to our firm
lack familiarity with the bankruptcy proceedings; and for good reason.
They are not lawyers, and most have never filed for bankruptcy before.
This is why we make it a point to educate our clients about what is required
of them during their legal journey, and why it is important to ensure
they meet all applicable deadlines, especially when it comes to personal
Under the U.S. bankruptcy code, you will be required to take a Personal
Financial Management course within 45 days of filing for bankruptcy (under
either Chapter 7 or Chapter 13). The course must also be conducted by
a provider that is approved by the U.S. Trustee. This is an essential
component of your pre-discharge duties, and it should be made a priority.
In some situations, exceptions may be made so that a bankruptcy filer
does not have to complete a debtor education course. These exceptions
include not having a course available in one’s district, having
a disability that prevents one from taking the course, or being on active
Our Dallas bankruptcy lawyers have worked with enough clients over the
years to know that things happen, unforeseen circumstances can arise,
and other issues can cause one to forget or miss the 45-day deadline for
the debtor education requirement. If you the 45 day limit passes, our
legal team can help you evaluate your options. Missing the deadline may
not be the end of your bankruptcy, especially if the case is still open
and you have time to take the course and submit a certificate of completion.
If your bankruptcy case was closed before you could complete the Personal
Financial Management course most judges will allow a debtor to reopen
a bankruptcy case for the purpose of filing the certificate. There’s
usually a fee to reopen the case, around $200; but it’s worth every
penny to get your bankruptcy discharge.
Taking the right steps from the outset of a bankruptcy case, and taking
immediate action when issues arise, is the most important thing you can
do. Don’t wait to learn more about your options, debt relief, and
how our legal team at Allmand Law Firm, PLLC can help by requesting a
FREE financial empowerment session.
Contact us today to get started!