In 2005 the United States Bankruptcy Code was altered requiring that individuals qualify to seek protection under Chapter 7 bankruptcy. The debtor should first take the Means Test. If the Means Test shows that the debtor can file for a Chapter 7 bankruptcy then it is important to understand that there are more requirements. All individuals filing for Chapter 7 bankruptcy protection must attend a debt counseling course within six months of filing for Chapter 7 protection. In addition the debtor will also be required to attend a financial education course prior to discharge of the debts. All individuals considering bankruptcy must consult with an experienced Athens-Clarke County, Georgia personal bankruptcy because the changes to US Bankruptcy Code have now made it difficult to qualify for Chapter 7. Before you can file for bankruptcy under either Chapter 7 or Chapter 13, you must undergo credit counseling with an agency approved by the United States Trustee's office. The list of approved agencies is available on the United States Trustee’s website located at www.usdoj.gov/ust. This counseling is meant to give the debtor an idea of whether there exists a real need to file for bankruptcy or if an informal repayment plan can will be enough.
---------------------Athens Georgia bankruptcy lawyer | Bankruptcy attorneys in Athens GA and Athens-Clarke County - Filing for Chapter 7 Bankruptcy and Chapter 13 Bankruptcy
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