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How much is a certificate from a debt counselor for bankruptcy?
Dcvalcor
My bankruptcy clients have seen prices ranging from $30-$50. You should check with the local United States Trustee's office for a list of credit counseling agency that are approved in your judicial district.
Wiki User
∙ 18y ago
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Is Debt Settlement easier than bankruptcy?
It depends on the amount you in your debt. If your debt is a large sum and figure, the best and most ideal thing would be to declare bankruptcy. If not debt settlement would be much easier.
How much debt can you have before filing for bankruptcy?
There's no maximum amount. If you can't make your payments you file bankruptcy.
How much debt do you need to declare for bankruptcy?
UK. Bankruptcy £15,000 or more. If you have less than £15,000 worth of debt, sustainable under 15k for the duration of one year and meet certain criteria, you may qualify for a debt relief order, which is, in effect, a mini bankruptcy.
How much debt should one have before filing for bankruptcy?
It would depend on the person as to how much debt one would have to have before filing for bankruptcy. Some people can have more debt than others and be ok with it, while others would feel the need to file.
Debt Management Service?
form_title=Hire a Debt Management Service form_header=If you have a variety of debts in different forms, this service can help you manage your various responsiblities. How much debt do you have?=_ Have you ever filed bankruptcy? = () Yes () No What are the sources of your debt?=_
Is Debt Settlement easier than bankruptcy?
It depends on the amount you in your debt. If your debt is a large sum and figure, the best and most ideal thing would be to declare bankruptcy. If not debt settlement would be much easier.
How much debt can you have before filing for bankruptcy?
There's no maximum amount. If you can't make your payments you file bankruptcy.
Debt Counselor?
A Debt Counselor is a professional who is trained to assist people with debt management problems. When a person becomes a Debt Counselor they will be hired by individuals who need financial assistance. The Debt Counselor will work with the person who hired them to find out where the problem is at concerning the individual’s financial situation. The Debt Counselor will use different techniques such as budgeting, consolidation, and debt negotiation to help the client get back on track. A Debt Counselor will help the individual by first determining the amount of debt they owe. Then they must figure up what the person or couple can afford to pay per month. They assist the customer by organizing an affordable monthly payment plan to help pay off all of their debts in one combined payment. After the payment plan is worked out, the customer will send the payment to their Debt Counselor. The Debt Counselor will then send small payments monthly to each of the creditors that money is owed. If possible, the Debt Counselor will try to work with the companies that are owed money to get the amount owed or the interest rate reduced. Also included in the monthly payment will be the fee to the Debt Counselor for their services. It is the duty of a Debt Counselor to determine if the payment plan for their client is realistic. They will state whether or not they feel that the payment plan will work. If the Debt Counselor feels it will not work, they may recommend that the client file for bankruptcy. Other areas that a Debt Counselor will assist an individual with are their daily spending habits. They work with their client to try to reduce the amount of money that is spent for items that are not necessary. They will help plan a budget and organize with their client how much they can spend, and where. All pay will be reported and organized through the hired Debt Counselor. An individual will be considered for a position as a Debt Counselor if they have a degree in Business, Education, or even Psychology. Sometimes a person may be hired if they have Accounting and other credit industry experience as well. It is very important to know how to read a credit report from the major reporting companies such as Experian, EquiFax, and TransUnion. The more experience a person has, the better the chance they have in becoming a Debt Counselor. An experienced Debt Counselor will average around $50,000- $55,000 per year.
How much debt do you need to declare for bankruptcy?
UK. Bankruptcy £15,000 or more. If you have less than £15,000 worth of debt, sustainable under 15k for the duration of one year and meet certain criteria, you may qualify for a debt relief order, which is, in effect, a mini bankruptcy.
How much debt should one have before filing for bankruptcy?
It would depend on the person as to how much debt one would have to have before filing for bankruptcy. Some people can have more debt than others and be ok with it, while others would feel the need to file.
How much debt should you be in before filing a bankruptcy?
id say 20,000 or higher.
Does a consumer credit consolidation counselor make much money?
A consumer credit consolidation counselor is usually a nonprofit counselor for debt consolidation. Those who are paid typically charge astronomical rates to the consumer.
Does it matter how much the debt is in the state of Texas?
The whole country has been operating in a state of bankruptcy since 1931. In fact this is the 4th Bankruptcy our union has faced.
How much income is too much for chapter 7?
Income has little to no determination on one's ability to file for bankruptcy. It's the debt to income ratio that most bankruptcy courts look for. Consult a bankruptcy attorney; there may be other options that will not impact your credit as harshly as bankruptcy.
What type of bankruptcy can you file to not have to pay off your debt?
In ANY bankruptcy, whether or how much of your debt gets paid is dependent on what type it is, and more importantly, what your assets are. Your assets are used to pay your debts...have enough and 100% gets paid.
What was a result of the construction of the Suez Canal?
Economic ties between Egypt and Europe The near-bankruptcy of Egypt
Debt Management Service?
form_title=Hire a Debt Management Service form_header=If you have a variety of debts in different forms, this service can help you manage your various responsiblities. How much debt do you have?=_ Have you ever filed bankruptcy? = () Yes () No What are the sources of your debt?=_
