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Credit Counseling and Debtor Education Requirements

The U.S. Bankruptcy Code requires debtors to participate in a pre-filing credit counseling session and a subsequent pre-discharge debtor education course. The U.S. Department of Justice (DOJ) maintains a list of credit...more

5/13/2013 - Credit Counseling Debtors Dischargeable Debts DOJ Training

Debt Relief and Counseling Scams

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 instituted a credit counseling requirement for debtors filing for bankruptcy protection. Credit counseling agencies sprang up quickly on the heels of this...more

5/2/2013 - Debt-Relief Industry Debtors Fraud FTC

IRS Levies and Wage Garnishments

If you are in serious debt and fail to take action to remedy the situation, the IRS may levy your property or garnish your wages. A levy is a legal seizure of your property in order to satisfy a debt....more

12/13/2012 - Debtors IRS Levy Wage Garnishment

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