Financial management
Term · Law · MLC-T-LAW-000109
The "individual or group briefing" from an approved nonprofit budget and credit counseling agency that individual debtors must attend after the bankruptcy case is filed in order to obtain a discharge. There are exceptions to this requirement for certain categories of debtors if the U.S. Trustee or Bankruptcy Administrator have determined that there are insufficient approved credit counseling agencies available to provide the necessary counseling. These agencies are approved by the U.S. trustee or the bankruptcy administrator. See "Credit counseling.”
| Identifier | MLC-T-LAW-000109 |
|---|---|
| Field | Law |
| References | U.S. Courts Glossary of Legal Terms |
| See also | Credit counseling |
Record as JSON
{
"id": "MLC-T-LAW-000109",
"term": "Financial management",
"field": "Law",
"definition": "The \"individual or group briefing\" from an approved nonprofit budget and credit counseling agency that individual debtors must attend after the bankruptcy case is filed in order to obtain a discharge. There are exceptions to this requirement for certain categories of debtors if the U.S. Trustee or Bankruptcy Administrator have determined that there are insufficient approved credit counseling agencies available to provide the necessary counseling. These agencies are approved by the U.S. trustee or the bankruptcy administrator. See \"Credit counseling.”",
"see_also": [
"Credit counseling"
],
"references": [
"U.S. Courts Glossary of Legal Terms"
],
"url": "https://mlchart.com/terminology/law/financial-management/"
}
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