Credit Counseling and Financial Management Course Requirements in Personal Bankruptcy

Credit Counseling and Financial Management Course Requirements in Personal Bankruptcy

Thinking about filing for bankruptcy? Before you can file you are required to take a credit counseling course and submit the certificate of completion along with your petition and schedules. After you file, a second course and certificate are required to qualify for a discharge.

In this video, I explain what is involved with these two mandatory bankruptcy education courses.

Here is a list of approved vendors: http://www.bankruptcyworksheet.com/credit_counseling_vendors.html

Here is a link to my Atlanta bankruptcy web site: http://www.atlanta-bankruptcy-attorney.com.

Jonathan Ginsberg
Atlanta bankruptcy attorney
Ginsberg Law Offices
1854 Independence Square
Atlanta, GA 30338
770-393-4985
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Do not let erroneous credit reports hamper your financial future

‘To err is human’ – we have been hearing this old saying in our moral science classes during our school days. Now that we have come of age, let us include this in the credit scenario also. In other words, errors in credit reports are a common occurrence but it can have a devastating impact on your credit life if these errors remain unnoticed or are not corrected at the right time. Some of the common credit report errors include outdated personal information, mistaken or fraudulent accounts, and incorrect account details. These mistakes are usually committed by credit data furnishers who are responsible for collecting your credit related information which are further collated by credit bureaus like Cibil.

Your credit report contain your credit score which is an amalgamation of information related to whether you pay your bills timely, if you’ve been sued or arrested, or have filed for bankruptcy. This credit report comes to play when you decide to take house loans, car loans, credit cards, insurance, mortgage, etc. it is also required at the time of applying for telecom connection, employment opportunities and much more. Before giving you the approval, the financial institutions will first cross check your credit report with the bureaus. Only after they are satisfied that your report is okay will they approve your requests.

Since your credit report is furnished during such important times, it goes without saying that a simple error might spell doom to your aspirations. But how will you know if there is any error at all in your report or not? A simple solution to it is by applying for your credit report online. It is easy and fast. All you have to do is search for www.cibil.com, create a user login, fill in the form, make an online payment of Rs. 470 and you have the Cibil credit report in your given email address.

Once you have a copy of your report, you can check it for errors, if any. In case you find it, embrace yourself to dispute it. However, before you start, make sure it is not a trivial issue but a grave one so that it is worth taking up the cause. To start with, be ready with proper documentation to support you claim. For more clarity, underline or circle the error on the report and send it to the bureau along with your dispute letter. Remember to keep copies of it for your own records.

After your letter reaches the credit bureau, they will start investigating the error by forwarding your supporting documents to the data furnishers. Once they receive the complaint, they must act promptly on it by investigating, reviewing and coming up with the correction. They should also revert to the credit bureaus once they finish correcting it and should also update the changes in your credit report. After that is done, the credit bureau will give you a copy of your report and mention the changes properly in writing. If an investigation doesn’t resolve your dispute with the credit reporting company, you can ask that a statement of the dispute be included in your file and in future reports. You also can ask the credit reporting company to provide your statement to anyone who received a copy of your report in the recent past.

So, you can see for yourself how harmful an erroneous report can be for your future prospects. Hence it is only right to nip it in the bud and remain vigilant in the future. It is not uncommon for your report to contain errors. But to contest the point, you also should have all the paperwork ready so that you can furnish it if required. To help you out during such moments of crisis, there are credit health improvement companies like Credit Sudhaar who can help you get out of such troubles in the most efficient and professional way. The company has over the years earned recognition of providing notable services to over 3, 500 clients and have never once failed in delivering positive results.

They offer customized services depending on the kind of problem you are facing. But one thing is for sure – that they will always come up with solution that will only secure your financial future. Credit Sudhaar has a very competent team of professionals who are specialized in everything related to credit. So you can easily bank on them if you are facing any problem that might hamper your credit score.

Credit Sudhaar is India’s first Credit Health management & improvement company whose goal is to help clients to Restore, Enhance and Protect their Credit and make them credit healthy.

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