credit counseling

credit counseling
Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the 2005 bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.
Category: Back Taxes & Tax Debt
Category: Bankruptcy, Foreclosure & Debt → Bankruptcy
Category: Bankruptcy, Foreclosure & Debt → Student Loan Debt
Category: Bankruptcy, Foreclosure & Debt → Foreclosure
Category: Bankruptcy, Foreclosure & Debt → Debt & Collection Agencies
Category: Personal Finance & Retirement → Taxes

Nolo’s Plain-English Law Dictionary. . 2009.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Credit counseling — (known in the United Kingdom as debt counseling) is a process that involves offering education to consumers about how to avoid incurring debts that cannot be repaid through establishing an effective Debt Management Plan and Budget. Credit… …   Wikipedia

  • Credit Counseling — Personalized counseling services that provide guidance and support for those who have gotten in over their heads financially. The objective of most credit counseling is to help the creditor avoid bankruptcy, as well as provide basic education on… …   Investment dictionary

  • credit counseling agency — Agency approved by the office of United States Trustee to offer credit counseling to potential debtors. A certificate from an approved credit counseling agency certifying course completion is required to file individual bankruptcy. (Bernstein s… …   Glossary of Bankruptcy

  • Consumer Credit Counseling Service of Greater Atlanta — Consumer Credit Counseling Service (CCCS) of Greater Atlanta, based in Atlanta, Georgia, is a full service, nonprofit credit counseling agency. It provides confidential counseling for anyone seeking help to pay down excessive credit card debt,… …   Wikipedia

  • National Foundation for Credit Counseling — Type NPO Founded January 1951 Location 850 offices nationwide Services credit counseling Members 100 member agencies Motto …   Wikipedia

  • Consumer Credit Counseling Service — (CCCS) A nonprofit agency with offices in a number of states. It offers free or low cost debt and credit counseling. Category: Bankruptcy, Foreclosure & Debt → Bankruptcy Category: Bankruptcy, Foreclosure & Debt → Foreclosure Nolo’s Plain English …   Law dictionary

  • Credit Solutions of America — Industry Financial Services Founded 2003 in Dallas, Texas Headquarters Richardson, Texas Products Debt settlement Website …   Wikipedia

  • Credit card debt — is an example of unsecured consumer debt, accessed through credit cards. Debt results when a client of a credit card company purchases an item or service through the card system. Debt accumulates and increases via interest and penalties when the… …   Wikipedia

  • credit counselling — UK US UK (US credit counseling) noun [U] (also consumer credit counselling) ► FINANCE the job of giving consumers advice on how to manage their money and control their debt: »credit counseling agencies → See also DEBT COUNSELLING(Cf. ↑debt… …   Financial and business terms

  • Credit CARD Act of 2009 — CARD redirects here. For other uses, see CARD (disambiguation). Credit Card Accountability Responsibility and Disclosure Act of 2009 Full title An Act to amend the Truth in Lending Act to establish fair and transparent practices relating to the… …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”