Agreement & Disclosure
Thank you for your interest in CENTS' online class for bankruptcy filers. This is CENTS' fifth curriculum designed for adults. A new bankruptcy law went into effect on October 17, 2005. The law requires consumers seeking bankruptcy protection to complete a credit counseling class before filing bankruptcy. The United States Trustee (UST), a branch of the United States Department of Justice oversees the program and maintains a list of approved providers. The United States Trustee has reviewed and approved CENTS' credit counseling services and its personal financial management instructional services under 11 USC 111(d). The United States Trustee has not reviewed or approved any other services that CENTS provides. Approval does not endorse or assure the quality of a provider's services.
CENTS does not receive any funding from any agency.
Timing of course: To comply with the UST's requirements, you should take CENTS' credit counseling course for bankruptcy filers before filing for bankruptcy. You can decide whether to file or not after you take our course. There are two bankruptcy courses: 1) a credit counseling class BEFORE filing bankruptcy (also called a pre-filing class) and 2) a debtor education course AFTER you file bankruptcy and AFTER have a case number. The second course is also called a personal financial management instructional course, a post filing course, and/or a pre-discharge course. Please take special care not to confuse these two classes and ask us if you have questions.
RECEIVING A CERTIFICATE FROM CENTS:
You will receive a certificate of course completion by the end of the next business day after you finish the course and have an email interaction with CENTS.
Information collect by CENTS is treated as confidential. No personally identifiable information will be released to any outside person or to any company unless required to do so by law or expressly authorized to do so by you or your attorney. CENTS will never share information with any creditor, collection agency, or credit reporting agency. We will not sell, rent, loan, lease, or trade your contact information or email. CENTS reserves the right to collection information regarding the use of its website and educational program.
Impact on your credit report: CENTS does not provide any debt management plans, debt or credit repair services, or contact creditors on behalf of clients. CENTS has no impact on your credit reports. We do not report any information to any credit reporting agency or bureau. Please note: bankruptcy or some credit counseling plans, including debt management plans, will affect your credit report.
No Contract: you will not enter into a contract with CENTS.
Your counseling session will last at least 60 minutes and will help you better understand your current financial situation and options for your next steps. We will also answer any questions you have.
The program was designed by CENTS Executive Director Anthony Leahy. He has designed several online and multimedia educational programs, including Innovo: reconstructing your finances after bankruptcy; Debt Slapped; Debt Slapped Grad; and Smart Borrowing. He received his Juris Doctor from the University of Washington School of Law in 2001 and has worked for CENTS since 2002.
Please be advised that we cannot offer you legal advice. Please know that any options or information you receive from us is only as good as the information you provide us about your situation. We want you to take control of your financial situation. We are not responsible for any financial decisions you choose to make.
Upon completion of this course, you will fill out a certificate registration page. CENTS will then provide you or your attorney with a certificate of course completion. It will be your responsibility to make sure you receive the certificate. Allow one business day. If you do not receive your certificate by one business day, it will be your responsibility to contact us. If you have CENTS email you the certificate, it will be your responsibility to file the certificate with the court or provide to your attorney to file with the court. CENTS does not file the certificates for you. We will email the certificate to you or directly to your attorney if you provide your attorney's address in the certificate registration form.
Services offered in languages other than English: CENTS' class is in English. If you have limited English proficiency, we recommend you take the debtor education/personal financial management instructional course with a provider that offers the class in your proficient language. We will refund your payment if we or you determine you cannot understand our class and you will seek the class and certificate from another provider.
Fee Schedule: CENTS is committed to providing a quality class. The fee is $25 per person. Married couples must take the class individually.
Policies enabling clients to obtain counseling services for free or at reduced rates based upon the client's lack of ability to pay: A fee waiver may be obtained if filer(s) meet the following requirement: Filer(s) must be below 150% of the HHS Poverty Guidelines of the current year. We provide the Credit Counseling course to any debtor student without regard to the debtor’s ability to pay the course fee. Fee waiver or reduction will be automatically determined during credit counseling with the information you submit. If it is determined you meet the criteria for a fee waiver, you will be asked to verify your income by submitting your last completed tax return, a copy of your most recent paystub and bank statement. If you are married, we will also ask for your spouse’s most recent paystub and bank statement. If you would like to request a fee waiver before payment, please email the following information to firstname.lastname@example.org: 1) Household income (the total income you and your spouse, if you have one, make, including all sources of income; 2) number of people living in your household; 3)last completed tax return, 4) copy of your most recent paystub; 5) copy of most recent bank statement, 6) your first and last name, and 7) the class you are requesting a waiver for (this class is the pre-filing credit counseling class) Please allow one business day for a determination. You will be notified via email with instructions on how to proceed to take the class. If you don't have tax returns please provide us with a document that demonstrates you meet the requirement (e.g. Welfare Statement).
Please note filing bankruptcy, consolidating debt, or entering into a debt management plan may negatively impact your credit reports. You should talk to a licensed professional, such as a consumer or bankruptcy attorney, for more information.