What kind of debt counseling is available before and after filing for bankruptcy?

Debt counseling services are available before and after filing for bankruptcy in Nebraska, offering individuals the opportunity to better understand their financial situation and make informed decisions. People considering filing for bankruptcy should speak with a qualified credit counseling service before filing to understand their financial situation and the implications of bankruptcy on their credit. Credit counselors can also help individuals develop a budget and debt repayment plan to help avoid filing for bankruptcy. After filing for bankruptcy, post-filing debt counseling is often required for individuals to receive a bankruptcy discharge. This post-filing counseling is usually an educational program that provides information on personal financial management and budgeting. Topics typically addressed in this counseling include developing a budget, saving and investing, managing credit and debt, and understanding credit reports. By completing this required debt counseling, individuals can improve their financial literacy and better prepare them for the future. In Nebraska, both pre- and post-filing debt counseling is available through credit counseling agencies approved by the U.S. Trustee Program. These agencies provide free or low-cost services such as budgeting and money management, counseling for developing a repayment plan, and information about bankruptcy. Individuals considering filing for bankruptcy or who have already filed should take advantage of these services to help ensure their financial stability.

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What kind of debt counseling is available before and after filing for bankruptcy?

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