On October 17, 2005, the new Bankruptcy law came into effect in regards to how a consumer will have to file. The consumer will now have to obtain pre-counseling from an approved budget and credit counseling agency. Specifically, the law would require financial counseling prior to filing for bankruptcy. It is important for consumers to know and to understand the alternatives and consequences of bankruptcy. The law requires that a consumer receive counseling by a certified credit counselor individually or in a group "briefing" within 180 days prior to filing bankruptcy. The law will also allow such briefing by phone, internet and in person.

CCCS is approved to issue certificates in compliance with the bankruptcy code. Approval does not endorse or assure the quality of an agencies service. After the counseling session has taken place, a registered certificate will be issued to the consumer to validate the effects and options of bankruptcy. The cost for this service is $50 each person or $75 per couple payable by either cashier's check, certified check or money order made payable to CCCS. The fee may be waived based on the client's ability to pay. More importantly, we will be able to provide financial education and training for consumers who have serious financial difficulties. Being able to assist debtors in bankruptcy with the skills and the tools to avoid future problems is a positive and significant consumer benefit. For more information about scheduling an appointment call 219-980-4800.