Debt Discharges and Debtor Education Requirements

If a person qualifies to discharge their debt through a Chapter 7 or 13 bankruptcy claim, the first step they must take is to attend a mandatory education course on financial management. Although a discharge is not granted automatically or easily, they are immensely helpful in relieving some of a person’s debt. However, without taking the required class, a person won’t be able to discharge their debt no matter what.

If you’ve been looking for a solution to your debt problems, you may want to consider filing for bankruptcy. For more information about your options, the Florida bankruptcy process, and what requirements you may need to meet, contact Florida bankruptcy lawyer Ryan J. Really, Attorney at Law, PLLC, at (239) 237-0675 today.

Debtor Education Classes

Whether a person is filing for Chapter 7 or Chapter 13 bankruptcy, attendance at a debtor education class is required before a discharge will be granted. Only approved classes will qualify, and, in order for a class to be approved, it must meet the following standards:

  • Classes must last at least 2 hours
  • Classes have a set curriculum they must provide
  • The courts must approve the class
  • Classes must be completed within 45 days of a creditor meeting for Chapter 7 bankruptcy
  • Classes must be completed before a payment plan is completed for Chapter 13 bankruptcy

If a debtor completes this education requirement, they may proceed with the debt discharge process.

Contact Us

If you’re facing drastic debt problems, we may be able to help you by filing for bankruptcy. To discuss this process and what’s expected of debtors looking for this kind of debt relief, contact Florida bankruptcy lawyer Ryan J. Really, Attorney at Law, PLLC, today by calling (239) 237-0675.