How long is a credit counseling certificate good for

A credit counseling certificate is also known as a bankruptcy certificate. If you file for bankruptcy, you must obtain certificates at two stages of the process: When you file for bankruptcy. After you file for bankruptcy but before your debts are discharged.

The pre-filing credit counseling course takes approximately 60-90 minutes to complete. The post-filing debtor education course takes a minimum of 2 hours to complete (by law).

The first type of credit counseling service are ones who are in it solely to make money. They are for-profit businesses, providing a service for a fee, or two or three. … This is one way they earn their money. They also profit off charging you interest.

The credit counseling certification must be issued by a non-profit credit counseling agency or debt relief company like ACCC that has been approved by the U.S. Trustees Office. To get your certification, you’ll need to complete a credit counseling session that typically lasts 60 to 90 minutes.

You jot down how much you make and how much you spend. After listing your income and expenses, you’ll be given recommendations on where you could cut back. Highlighting strengths: Whether they know it or not, people do the right thing in some areas and credit counselors will tell them so.

(DECAF is closed on certain Holidays). Approximately how long does the course take to complete? The online courses are self-paced and times will vary depending on the client. The client should set aside approximately 1.5 to 2 hours to allow sufficient time to complete the course.