:: New Bankruptcy Counseling Package Coming in August 2006 :: Jul 25, 2006 - 8:49 am
The BAPCPA law has created a need for a verifiable way in which to provide the mandatory 90–minute pre-bankruptcy counseling and post-filing debtor education sessions. The Institute for Financial Counseling (IFC) has developed two complimentary programs to satisfy these new Federal requirements.
Mind over Money: Pre-Bankruptcy Counseling software
The Mind over Money: Pre-Bankruptcy Counseling software has been designed to guide the counselor and client through the 90-minute briefing required for consumers seeking to file bankruptcy. The software covers the following four essential components as outlined by the U.S. Department of Justice (DOJ).
1. Analysis of the current financial situation
2. Guided exploration of the underlying cause of debt
3. Comprehensive examination of all the alternatives
4. Formulation of a spending plan and a solution
This breakthrough software will be made available to certified counselors who want to deliver optimum counseling with a feature-rich, easy-to-use guidance tool. This program was designed with both the counselor and client in mind. With its user-friendly interface and intuitive design, you will find it a breeze to manage the pre-bankruptcy counseling process while meeting the requirements of BAPCA. Users simply log on using their membership ID number to begin the streamlined step- by-step counseling session. With this feature-rich, web-based software, counselors will enter client data and retrieve valuable support resources along the way.
Resources include:
• Proven counseling strategies
• Answers to frequently asked questions
• The “best of the best” cost cutting ideas
• Action plan templates
• Federal and State consumer resources
• Essential credit card and credit report information
• Calculators for computing debt-to-income ratio, net worth, expense category totals, and credit card payment projections.
Clients will come away from the session with a clear understanding of their financial situation, where they want to go, and how they are going to get there. They will have a solid spending plan in place along with action plans and resources that target client-centered short and long-term goals. Last but not least, the program generates a verifiable Certificate of Completion.
Mind over Money: Pre-Bankruptcy Counseling delivers the support and structure you need during this time of change within the financial counseling industry.
Post-Bankruptcy Education Program
The Post-Bankruptcy Education Program was designed to fulfill the DOJ requirements for post-bankruptcy debtor filing education. It includes helpful resources for managing money, tips for using credit wisely, and information and forms for developing a healthy budget. This program will originally arrive in manual format, but monitor our website as an online version is coming soon.
Mind over Money: Pre-Bankruptcy Counseling software
The Mind over Money: Pre-Bankruptcy Counseling software has been designed to guide the counselor and client through the 90-minute briefing required for consumers seeking to file bankruptcy. The software covers the following four essential components as outlined by the U.S. Department of Justice (DOJ).
1. Analysis of the current financial situation
2. Guided exploration of the underlying cause of debt
3. Comprehensive examination of all the alternatives
4. Formulation of a spending plan and a solution
This breakthrough software will be made available to certified counselors who want to deliver optimum counseling with a feature-rich, easy-to-use guidance tool. This program was designed with both the counselor and client in mind. With its user-friendly interface and intuitive design, you will find it a breeze to manage the pre-bankruptcy counseling process while meeting the requirements of BAPCA. Users simply log on using their membership ID number to begin the streamlined step- by-step counseling session. With this feature-rich, web-based software, counselors will enter client data and retrieve valuable support resources along the way.
Resources include:
• Proven counseling strategies
• Answers to frequently asked questions
• The “best of the best” cost cutting ideas
• Action plan templates
• Federal and State consumer resources
• Essential credit card and credit report information
• Calculators for computing debt-to-income ratio, net worth, expense category totals, and credit card payment projections.
Clients will come away from the session with a clear understanding of their financial situation, where they want to go, and how they are going to get there. They will have a solid spending plan in place along with action plans and resources that target client-centered short and long-term goals. Last but not least, the program generates a verifiable Certificate of Completion.
Mind over Money: Pre-Bankruptcy Counseling delivers the support and structure you need during this time of change within the financial counseling industry.
Post-Bankruptcy Education Program
The Post-Bankruptcy Education Program was designed to fulfill the DOJ requirements for post-bankruptcy debtor filing education. It includes helpful resources for managing money, tips for using credit wisely, and information and forms for developing a healthy budget. This program will originally arrive in manual format, but monitor our website as an online version is coming soon.
:: Online Testing Available NOW! :: Jul 25, 2006 - 8:44 am
IFC offers online testing for all National Association of Certified Credit Counselors (NACCC), Association of Financial Health Counselors (AFHC), and Association of Debt Counselors (ADC) certification programs. No more waiting for exam results; you can receive your results immediately and in a safe and secure online environment. Information will be made available on each website about the online testing process. Just follow the simple steps and take your examination online with IFC.
© 2006 IFC International. All Rights Reserved.