3/03/2017

Credit Counseling is Required Before You File for Bankruptcy

Credit Counseling is Required Before You File for Bankruptcy Credit counseling is required through a government-approved program before bankruptcy can be filed. You may also have to complete a financial management education program. Proof of completion must be filed before the bankruptcy will be approved or debt discharged.

Tax Returns Must Be Produced Before You FileBecause of the new requirements with the Chapter 7 means test, you are now required to produce your tax returns in order to be able to file for Chapter 7 or Chapter 13 bankruptcy. This means if you have not filed taxes, you must do so before you file for bankruptcy. This can pose a problem for some who owe back taxes, since these back taxes are not generally dischargeable in bankruptcy.