Consumer Bankruptcy CounselingBankruptcy Consumer Advice Advice Advice
The bankruptcy proceedings and their possible repercussions will be explained to you. Insolvency could have a detrimental effect on your loan reports and your ability to obtain credits from a prospective lender, lessor or employers in the near-term. Also we will examine alternative bankruptcies to solve your problem. We believe that the intent of this meeting is to give you information so that YOU can choose the options that you think are best for you.
You will receive a confirmation at the end of this meeting, which you will need if you choose to declare bankruptcy. Certificates will only be awarded if you have successfully completed your EOUST meeting. You will receive your certification within 24 working days of your consultation.
Your certification is 180 workingdays after the end of the consultation. It is a member of the National Foundation for the Counseling of Credits (NFCC). NFCC has high levels of excellence in providing high standard loan advice and finance training and this organisation meets these levels and is furthermore recognised by the Council of Accreditation (COA), an third country organisation that audits and supervises institutions providing welfare work.
We' re a non-profit organization. Will indemnify the Agent, its officers, representatives and servants against any demands, suits, actions or demands of my believers, myself or any other individual arising out of counsel or consultation. This Policy does not govern any legal proceedings or remedies under the United States Bankruptcy Code, 11 U.S.C. et sequ.
He/she has been educated and accredited in accordance with NFCC rules and although he/she has specialist knowledge in assisting people with personal difficulties, he/she cannot offer you professional assistance. Indeed, this meeting is intended to give you information and alternative options.
There is no intention of taking the place of counseling with a lawyer to investigate your statutory prerogatives and possibilities. In order to help you, it is important that you give us information that is just as precise and comprehensive. Therefore, we may ask you to allow us your loan histories.
Please be sure that the information about your finances and your position that you give during this meeting is kept in the strictest confidence. This information includes, but is not restricted to, incomes, debt, credit account, incomes, wealth and job details. No such information that you give to third parties verbally or in written form will be disclosed to us unless you have given us written permission to do so or unless it is legally mandated, e.g. in reaction to a citation.
It will not pass on any information about this meeting to an audit firm. The participation in a consultation and the discussion of all alternative solutions has no negative influence on your creditworthiness. Information may be disclosed by the Agent to the United States Trustee in the course of the supervision of the Agency, or during the examination of any complaint, site visit, or review of QoS, and the United States Trustee has only verified the Agent's loan advice and training course in personnel finance matters in accordance with 11 U.S.C. 111(d) and has not verified or authorized any other client relationship related information that the Agent may have.
When you choose a Debt Management Plan (DMP) (which will be discussed during this session), you will receive contract and release separately. In order to meet the costs of making this meeting available to you, this agent will charge a $35.00 cheque, wire order, cashier's draft, bank draft, bank draft or credit cards service to you.
Agencies prohibit the paying or receiving of recommendation dues. Private persons can take advantage of free or discounted advisory service due to the client's inability to meet their financial obligations. Persons with a domestic incomes below 150 per cent of the United States Department of Health and Human Resources (DHHS)'s most recently issued guidance on the breadline for a home of this magnitude are expected to be eligible for exemption.
The exemption policy includes: Revenue documents provided by the customer (last completed declarations ), the revenue for purposes of comparing with the rules on incomes in poor households is the entire aggregate domestic revenue as stated in the last Confederation Revenue Declaration, a spouse's revenue is taken into account in the calculation of the revenue, whether or not a common application is made, unless the spouses are separate and a common application is not made, the revenue of another member of the extended dependency relationship is also taken into account.
There is no charge for the creation of a certification. It has also benefited from subsidies from financial advisory institutions (e.g. United Way), state and provincial agencies and lenders. Much of the budget for this EAR comes from volunteer contributions from DMP participating lenders.
Given that most of the borrowers have a vested interest in repaying debt, most are willing to contribute to the financing of the Agency's overall work. Again, if you choose to complete a LMP, you will get detailed information on how the scheme works and how the funding of the EAR is provided.
I/we are the person(s) who apply for insolvency advice and who will be the same person(s) who will get the advice.