The United States Bankruptcy Code requires you to take two classes. In Colorado, you have to take a credit counseling class before we can even file your bankruptcy petition. The class must be taken no earlier than 180 days before filing. You can take these classes online, over the phone, or in person. Once you complete the counseling, you’ll get a certificate showing that you took the class and which has to be filed with your bankruptcy petition.
After the meeting of creditors, and before you can receive a bankruptcy discharge, you must also take a personal financial management class. If you fail to take this class, your bankruptcy case will be dismissed and you will still be obligated to pay the debts that you were hoping to eliminate through bankruptcy.
To learn more about whether or not Chapter 7 bankruptcy or Chapter 13 bankruptcy is your best option, schedule your free, confidential bankruptcy consultation with a Colorado bankruptcy attorney today. Our online scheduling system allows you to schedule bankruptcy consultation at a time that is convenient for you.