Prior to filing bankruptcy, debtors are required to participate in a credit counseling program. This pre-bankruptcy counseling is designed to evaluate the debtor’s personal financial situation and discuss alternatives to bankruptcy. It also helps the debtor complete a personal budget plan. Before filing, the debtor must have a certificate.

The post-filing financial management class provides the debtor with information on preparing a budget, managing money and using credit wisely. This class must be completed before a discharge is granted.

For more information on both of these required classes read, “Before you file for personal bankruptcy: Information about Credit Counseling and Debtor Education.”