Who Can I Talk to Regarding Bankruptcy?

Types

• The resources available regarding bankruptcy include consumer credit counseling services, attorneys and legal-aid organizations.
  
  

Chapter 7 Bankruptcy

• The U.S. Bankruptcy Code requires a consumer to participate in consumer credit counseling before filing for a Chapter 7 bankruptcy.
  
  

Function

• One of the primary functions of obtaining information before filing bankruptcy is to ensure that pursuing that type of case is your best option. Bankruptcy is a course of last resort and is pursued only when no other viable options remain.
  
  

Cost

• Whether you seek preliminary information from a credit counseling service, legal-aid organization or a private attorney, there likely is no cost for an initial consultation. Even attorneys provide such an informational meeting at no charge.
  
  

Time Frame

• You will not need to devote a significant amount of time obtaining information and advice when considering bankruptcy. The filing of a case is not unduly delayed by undertaking this type of due diligence.