Consumer Credit Counseling Service in Colorado Springs, Colorado

colorado springsConsumer Credit Counseling Service in Colorado Springs, Colorado call (800) 254-4100 credit card debt consolidation, bankruptcy credit counseling, foreclosure counseling, student loan consolidation, bankruptcy course certificate, debt management plan, credit repair, free credit counseling, reverse mortgage counseling, non-profit debt relief in Colorado Springs, Colorado Consumer Credit Counseling Service is commonly a process that is used to help individual debtors with debt settlement through education, budgeting and the use of a variety of tools with the goal to reduce and ultimately eliminate debt. Credit counseling is most often done by Credit counseling agencies that are empowered by contract to act on behalf of the debtor to negotiate with creditors to resolve debt that is beyond a debtor’s ability to pay. Some of the agencies are non-profits that charge at no or non-fee rates, while others can be for-profit and include high fees. Regulations on credit counseling and Credit counseling agencies varies by country and sometimes within regions of the countries themselves. In the United States, individuals filing Chapter 13 bankruptcy are required to receive counseling. Pre-Bankruptcy Credit Counseling Requirement Before you can file for Chapter 7 or Chapter 13 bankruptcy, you must consult a nonprofit credit counseling agency. The purpose of this consultation is to see whether there is a feasible way to handle your debt load outside of bankruptcy, without adding to what you owe. Credit Counseling Requirements To qualify for bankruptcy relief, you must show that you received credit counseling from an agency approved by the U.S Trustee’s office within the 180-day period before you file your bankruptcy. Once you complete the counseling, the agency will give you a certificate of completion that you must file no later than 15 days after your bankruptcy filing date. It will also give you a copy of any repayment plan you may have worked out with the agency. To learn about other bankruptcy requirements, exceptions and procedures, call (800) 254-4100

 

 

Colorado Springs, Colorado Springs (City/Town/Village), Credit Counseling, Consumer Credit Counseling Service in Colorado Springs Colorado

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