Do I have to attend a credit counseling course to file for Chapter 7 Bankruptcy?

Yes, you must attend a credit counseling course to file for Chapter 7 Bankruptcy in Illinois. This course provides debtors with information and resources on budgeting and managing their money in order to avoid a future financial crisis. During the course, you will receive an evaluation of your personal financial situation from a certified credit counselor. The evaluation includes an analysis of your income, assets and liabilities. The counselor will provide you with a budget plan to help you manage your financial obligations and work toward becoming debt-free. Once the credit counseling course is completed, you will be required to provide proof of completion to the court. The resources and tools provided in the course are designed to help you understand and address your financial issues and identify solutions before filing for bankruptcy. Finally, the credit counseling course must be taken within six months prior to filing for Chapter 7 Bankruptcy. This requirement is mandated by the Bankruptcy Code in order to ensure that debtors understand their financial situation and are aware of the options available to them before resorting to bankruptcy.

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Do I have to attend a credit counseling course to file for Chapter 7 Bankruptcy?

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