Is credit counseling a requirement for filing for Chapter 7 Bankruptcy?

Yes, in North Dakota, credit counseling is a requirement for filing for Chapter 7 Bankruptcy. This law is part of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. The act requires that individuals filing for bankruptcy must complete an approved credit counseling course before their petition can be filed in court. The credit counseling course is designed to help individuals to understand the problems they are facing and the potential solutions, including filing for bankruptcy. In North Dakota, individuals must show that they have taken a credit counseling course within six months of filing the bankruptcy petition. The course must be approved by the United States Trustee Program, which is part of the Department of Justice. The course must include information about creating a budget, managing money, and using credit responsibly, as well as options such as debt consolidation, credit counseling, and repayment plans. In addition, North Dakota residents must also complete a debtor education course before the petition is approved. This course helps individuals learn how to manage their finances after bankruptcy. In summary, credit counseling is a requirement for filing for Chapter 7 bankruptcy in North Dakota. It is important to complete the approved credit counseling and debtor education courses to ensure that the bankruptcy petition is correctly filed.

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