In 2005 the United States Bankruptcy Code was altered requiring that individuals qualify to seek protection under Chapter 7 bankruptcy. The debtor must first take the Means Test. If the Means Test establishes that the debtor qualifies to file for a Chapter 7 bankruptcy then it is important to know that there are more conditions. All individuals seeking Chapter 7 bankruptcy protection must attend a debt counseling course within 6 months of filing for Chapter 7 protection. Also the debtor will also be required to complete a financial education course before discharge of the debts. All individuals considering bankruptcy must consult with an experienced Muscogee County, Georgia personal bankruptcy as the changes to US Bankruptcy Code have now made it tough to qualify for Chapter 7. Before you can file for bankruptcy under either Chapter 7 or Chapter 13, you should undergo credit counseling with an agency approved by the United States Trustee’s office. You can get the list of approved agencies from the United States Trustee’s website located at www.usdoj.gov/ust. This counseling is meant to provide the debtor an idea of whether there exists a genuine need to file for bankruptcy or whether an informal repayment plan would will be enough.
———————Columbus Georgia bankruptcy lawyer | Bankruptcy attorneys in Columbus GA and Fort Benning – Filing for Chapter 7 Bankruptcy and Chapter 13 Bankruptcy in Columbus GA and Fort Benninghttp://www.columbus-ga-bankruptcy.com
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