Financial Management Education Program

Financial management education program. Bankruptcy financial management education classes cover topics such as credit reports, insurance, and saving for emergencies. The consumer has to come back to an approved...

The consumer has to come back to an approved agency to go through the pre-discharge education. Those materials are likely to include topics such as establishing short and long-term financial goals and developing the skills to achieve those goals. Talking about needs first is comparison shopping, keeping financial records, understanding credit, loans and the costs associated with each, the responsibilities of credits, and of course addressing the re-building of credit when someone pulls out of their bankruptcy. We are also going to discuss understanding the credit report and score, and identify debt warning signs so that the person can be aware of when he might be getting into trouble again. We will discuss predatory landing, touch on insurance coverage, savings for emergencies, and meeting goals for periodic payments. We are giving simple financial tools and resources. The law suggests that pre-discharge education take about two hours.

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