Do I need to attend a credit counseling session to file for Chapter 7 Bankruptcy?

Yes, you must attend a credit counseling session to file for Chapter 7 Bankruptcy in New Hampshire. This is required by federal law, so it does not matter what state you live in. The credit counseling session must be completed no more than 180 days prior to filing a bankruptcy petition. During the session, you will receive counseling about your financial situation and the possible alternatives to filing for bankruptcy. In New Hampshire, the credit counseling session must be provided by an agency approved by the United States Trustee Program (or UST). During the session, the agency will provide you with educational materials about bankruptcy and discuss with you alternatives to filing such as budgeting and consumer credit counseling. The agency will also help you understand the effect of bankruptcy on your assets, credit record, and ability to pay your debts. Furthermore, there is also a mandatory debtor education course that must be completed in order to receive a discharge from a bankruptcy. This course is intended to help you better understand the ins and outs of personal finances and to provide you with the tools to make sound financial decisions in the future. Overall, you must complete a credit counseling session and a debtor education course as part of the process of filing a bankruptcy petition in New Hampshire. This is an important step to ensure that you are making an informed decision about bankruptcy and the best decision for your financial future.

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