CALL FOR A FREE
INITIAL CONSULTATION
813.254.5696

What is Debtor’s Education?

One of the most important aspects of bankruptcy is the way in which it allows you to get back on track and create a brighter financial future. Bankruptcy is not a “get out of debt free” card – it’s an opportunity to start fresh and make better choices going forward. Part of this includes being better educated and the bankruptcy court makes sure everyone who files receives this education. Before filing for bankruptcy, you are required to participate in a credit counseling course that helps you determine if bankruptcy is really your best option. And once you have filed you must take a debtor’s education course.

Chapter 7 vs Chapter 13 Debtor’s Education

Debtor’s education varies based on whether you file for chapter 7 or chapter 13. When you take the class and what’s included is different because your bankruptcy situation is different – you’re either repaying what you owe in a payment plan or being released from debt. The course covers how to manage your current financial situation and how to deal with the changes bankruptcy brings, as well as how to better manage your finances in the future.

Not everyone files for bankruptcy because they made irresponsible choices – sometimes there was no choice because high medical expenses drove you into debt, even with insurance coverage – but everyone does have the same opportunity to make a fresh start. Debtor’s education helps you make the most of the opportunity bankruptcy provides and gives you the tools you need to avoid further financial struggles.

Debtor’s Education is an Opportunity

Debtor’s education is a requirement of being released from your bankruptcy, but it should not be seen as a punishment. Chapter 7 filers must complete the course before their debt is discharged and chapter 13 filers before they are released from their repayment plan. Nobody should feel as if they are being forced into the course or reprimanded for where they are financially. Instead, view the course as a chance to learn more about your situation and how to improve it.

Most debtor’s education courses are about two hours long. You will need to pay for the course, so make sure you research the costs offered at various locations and determine what suits your budget best. Also make sure you choose an accredited course that will count toward the court’s requirement to participate in debtor’s education.

For a list of approved debtor education providers by state and judicial district, visit the website for the US Department of Justice.

If you have additional questions about debtor’s education and how it plays a role in filing for bankruptcy or you need assistance locating an accredited debtor’s education course, we can help. Contact the Bankruptcy Law Offices of Robert M. Geller at (813) 254-5696 for more information.

Tampa Bankruptcy Law Blog

3 Reasons Why Bankruptcy Cases Get Dismissed and What This Means for You

Bankruptcy Case Dismissed There are two possible outcomes for those filing for bankruptcy. It doesn’t matter if you qualify for...
Read More

Who Files for Bankruptcy?

Should I File for Bankruptcy? If you’re considering bankruptcy and you feel as if you’re the only person in the...
Read More

3 Reasons Your Student Loan Debt is Ruining Your Financial Future and How Bankruptcy Might Help

Student Loan Debt Taking out a loan or multiple loans to attend college is nothing new. Students have been using...
Read More

What Happens If You Miss Your 341 Meeting?

341 Meetings are One of the Most Important Obligations in Bankruptcy There are several requirements you must meet when you...
Read More

3 Things to Help You with Post Bankruptcy Credit Repair

Bankruptcy Credit Repair One of the biggest challenges you’ll have post-bankruptcy is getting credit extended to you. But for most...
Read More

What is the Real Reason People are Filing for Bankruptcy?

Can filing for bankruptcy help you with unpaid medical bills? One of the most common misconceptions about bankruptcy is that...
Read More

What You Need to Know about Bankruptcy Court

Bankruptcy Court Bankruptcy is a process that many people find intimidating. In part, this is because they must turn their...
Read More

What to Expect from Bankruptcy Counseling

Bankruptcy Counseling Filing for bankruptcy is not an easy decision. For many, it’s their only option for getting the debt...
Read More

Why Hiring a Bankruptcy Attorney is Worth the $ [Infographic]

Everyone who files for bankruptcy must complete a bankruptcy petition. It can be up to 40 pages and filled with...
Read More

What Really Happens When You Declare Bankruptcy?

How to Declare Bankruptcy Bankruptcy is a last resort for many who file. After attempting to clean up a messy...
Read More

Contact Us

Search Website

Archive

Request a FREE Consultation

For The Next 5 Days Get A Free Book About Bankruptcy

Bankruptcy Book

We are A Debt Relief Agency.
We help people file for
bankruptcy under the Bankruptcy Code

Pay OnlineBankruptcy Courses

National Association Of Consumer Advocates Logocomodoavvo1avvo2avvo3LEA
BBB LogoRG Seal

Tampa Office

$Law Offices of Robert M. Geller, P.A.
807 West Azeele Street
Tampa, FL 33606
T: (813) 254-5696
T: (800) 853-7549
F: (813) 253-3405


Tampa Bankruptcy Lawyers Map

St. Petersburg Office

$Law Offices of Robert M. Geller, P.A.
125 5th Street South
(Wells Fargo Financial Center)
2nd Floor, Suite G

St. Petersburg, FL 33701
T: (727) 532-3939


Map and Directions

Pasco Office

23526 State Road 54
Lutz, FL 33559
T: (813) 336-2320





Maps & Directions

At the Tampa Bay law firm, the Law Offices of Robert M. Geller, P.A., we help people with consumer bankruptcy matters in the Tampa Bay-St. Petersburg,  Florida communities such as Clearwater,     St. Petersburg, Tampa, Thonotosassa, Riverview, Lutz, Plant City, Brandon, Carrollwood, Wesley Chapel, St. Petersburg Beach, Lakeland, Mulberry, Dade City, Pinellas Park, Largo, Seminole, Odessa, Oldsmar and Lithia, and counties such as Hillsborough County, Pinellas County, Pasco County, Polk County and Manatee County.