Below is an excellent article from (ask Mr. Credit Card; see link to original post at end of this page). This is the kind of stuff you’re going to have to know if you’re screaming, get me out of debt. Mr. Credit Card reports that when the bankruptcy laws changed in 2005 mandatory credit counseling became a prerequisite for bankruptcy.
He goes on to say,
“I have to admit, that when it declared bankruptcy it was the credit counseling sessions that I was most afraid of. What if they told me I shouldn’t declare bankruptcy? What if they were rude? How did I even find a credit counselor, and how much would it cost?”
“If you’re considering bankruptcy and you are worried about some of the same things, I can honestly tell you that the credit counseling experience was a bit of a joke - it is definitely not something that you need to stress or worry over. In fact, when the credit counseling was all said and done, I was a little sad that it wasn’t more helpful.”
Get me out of debt you say? You should click on the link below and read the rest of what has to say!
(This posting is from Ask Mr. Credit Card.)
Tags: get me out of debt