Before you file for bankruptcy in Minnesota, you are required to undergo a credit counseling course through a course provided that has been approved by the Office of United States Trustee. This is a government mandate that is designed to help American citizens who have had financial struggles severe enough to force them to choose filing for bankruptcy. Despite the benefits that credit counseling can provide, it’s also important to contact a firm that can help you during the bankruptcy process. Behm Law Group can provide expert legal advice and assistance as bankruptcy attorneys in Mankato, MN.
In many cases, approved credit counselors provide advice that helps a person or business about to file for bankruptcy feel capable enough to get back on their feet after the bankruptcy process is complete. However, some credit counselors may actually work to your disadvantage.
Requirements to File
Whether you own a small business that has had trouble meeting loan, mortgage, and expense payments, or if you’re simply an individual struggling with the financial difficulties of everyday life, you must go through the same requirement of credit counseling to file for bankruptcy. If you don’t undergo credit counseling course, your bankruptcy case could be dismissed with no refund of the standard fee you must pay to file a bankruptcy petition.
What’s Wrong With Credit Counselors?
Though a credit counseling course is mandatory, there are several things you should be aware of before you enter the counseling process. In many cases, credit counselors might not be trying to help you as much as you think. In fact, there are a great number of credit counselors paid or managed by credit card companies. These are different than the credit counseling agencies approved by the Office of the United States Trustee through which you must take a credit counseling course. These counselors may charge hidden fees and increase your debts, damaging your credit further and providing you with illegitimate credit counseling. These tricks—even scams—that some credit counselors use can easily be avoided by making the right choice in counseling service.
So how can we help? As bankruptcy attorneys, it’s our job to be well-versed in the signs of a bad credit counselor and to know the bankruptcy process. We can help you find a counselor right for you and continue helping you throughout the entire process of filing for bankruptcy.
If you’re unsure whether you will need a bankruptcy attorney in Mankato, MN, just remember that we can help you far beyond the abilities of any credit counselor. Contact Behm Law Group at (507) 387-7200 for a consultation today.