No, in fact it’s the opposite. Once you take the credit counseling course and receive the certificate, the certificate is valid for 180 days. You must file bankruptcy within that 180 day period to use the credit counseling certificate. If you wait too long and the credit counseling certificate expires, you will have to take another credit counseling course and get a new certificate. Check with the US Trustee’s Website for authorized Credit Counseling course providers. We provide clients with information about credit counseling providers that we find are cost-effective and consumer friendly.

In short, there is no waiting requirement after completing credit counseling to file for bankruptcy.

Posted in: Bankruptcy Myths Faq