Start Fresh Today Instructional's Debtor Education Course has been approved by the U.S. Trustee's office.
The two-hour interactive course satisfies the Debtor Education requirement that provides the "ticket out" of bankruptcy for debtors. The course can be purchased at www.startfreshtodayinstructional.com.
Many thanks to attorney Kathy Cruz of Hot Springs, Arkansas for drawing my attention to a study published this past March by the General Accounting Office entitled "Credit Reporting Literacy: Consumers Understood The Basics But Could Benefit From Targeted Educational Efforts." The study, mandated under the Fair and Accurate Credit Transactions Act, surveyed more than 1,500 consumers nationwide to determine their knowledge of credit scoring. Although the study concludes that most consumers have a basic understanding of credit scoring, they do not have a detailed knowledge of much of the particulars associated with credit scoring, such as how long items remain on their credit reports, or the impact that credit reports can have on their ability to secure insurance or obtain employment.
For those of you who actively market your bankruptcy practices, the study contains excellent information you can use in your newsletters, websites, and other marketing materials.
Bankruptcy filings topped more than 467,000 during the second quarter of 2005, according to the Administrative Office of the U.S. Courts. Most of those filings were personal bankruptcy filings aimed at beating the Oct. 17 deadline imposed by BAPCPA.
There is no doubt that the law changes make filing for bankruptcy more difficult for both debtors and attorneys. What remains to be seen is whether the changes will make it harder for many people to qualify for bankruptcy protection, as many opponents of the new laws fear.
A
Enter keywords:
