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  • Spectacular!

    I liked your fast, friendly service. You were all knowledgeable in the area of bankruptcy. Your treatment of me as a client was spectacular! You were great at promptly responding to my questions and concerns. I loved that you provided courteous and quick responses to all my questions.
    --Donna
  • Highly Recommended!

    I have worked with Seth and he is the utmost professional in how he works with his clients. If you need an attorney you can trust I would highly recommend the Law Office of Seth Hanson.
    --David
  • Very Professional.

    Everyone was very professional and efficient. Seth, and everyone that I had contact with were very knowledgeable. I was very pleased with how we were treated by his staff. My questions were always answered promptly. I was very pleased with the service I received and would not hesitate to refer someone to your firm.
    --Anonymous
  • Non-judgmental.

    You were very open and answered all of my questions. You never made me feel like I was asking a dumb question. I was comfortable with your knowledge of the law. It was hard for me to make this decision to move forward in my life. Everyone was friendly to me and respectful. Non-judgmental. Every question I asked was answered promptly and appropriately. I would recommend you.
    --Anonymous
  • More Than Expected!

    I found the firm's representation to be more than what I expected. I was always kept in the loop, all my questions were answered (whether or not I asked more than once the same question), and I felt completely supported by the firm staff when going through this (at times) scary ordeal. Thank you again.
    --Joanna
  • Very Impressed!

    I liked that you had very friendly, caring staff. You were all very knowledgeable. Your treatment towards me was excellent and you quickly responded to all my concerns. If a friend asked of your overall impression, I would say that we were very impressed and we would recommend you to them.
    --Danielle

How Does Credit Counseling Work?

How Does Credit Counseling Work?The Consumer Financial Protection Bureau (CFPB), defines credit counseling as meeting with counselors that are certified and trained in the areas of consumer credit, money and debt management, and budgeting who will advise you on managing your money and debts, help you create a budget, and that will usually offer free education material and workshops. How does credit counseling work? The overall goal of credit counseling is to teach individuals how to develop better financial habits, but many individuals are looking for ways to get debt relief by lowering interest rates or decreasing payment amounts.

How Does Credit Counseling Work?

So the main question for someone contemplating credit counseling will inevitably be: does credit counseling work? Much like other things in life that require hard work and consistent dedication: it depends. If you’re dedicated to improving your financial situation, most individuals are able to improve their financial standing.

As a pre-requisite filing bankruptcy, everyone who intends to file a Chapter 7 bankruptcy or Chapter 13 bankruptcy must go through credit counseling within 180 days of filing. The credit counseling agency that you work with in order to file bankruptcy must be approved by the U.S. Trustee’s office that maintains a list of approved credit counseling agencies. Because of this necessity, it makes sense to go through with a credit counseling course which will give you a better opportunity to sit down with an expert, go over your assets and liabilities, and ultimately discover if you can get out of debt on your own, or if you need to file bankruptcy.

When looking at all the options one has to address financial difficulties (e.g., credit counseling, debt management, bankruptcy), bankruptcy is actually a cost effective solution when comparing all three. Since you’ll have to take a credit counseling course before doing so, it makes since to start with that step. If you have questions about the timeline involved in your own possible bankruptcy filing, contact a bankruptcy attorney in Sacramento Californiato ensure your next steps are the best ones.

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