A new university-developed course for bankruptcy filers is now online. The personal financial management instructional course ‘Financial Success: Recovery after Bankruptcy’ has begun issuing certificates to individuals who have filed for bankruptcy and must take such a course before their debts can be discharged.

The online course is an alternative for people who are unable to participate in a local Extension class. Faculty who are financial management specialists from seven land grant universities across the nation built upon materials they had developed at their universities to design the eXtension course. It features audio and closed captioning as well as visual pages, worksheets and exercises.

The course contains objective, research-based and credible information. It does not have any commercial advertising. eXtension does not promote, market or sell financial products; solicit business of any type; or sell information about the debtor to any third party. The course is offered in all judicial districts covered by the U. S. Trustees Program except those in Oregon.

The eXtension personal financial management course for bankruptcy filers is available 24 hours per day, seven days a week.

Cost and enrolling

The cost for the course is $20 per person. Couples who have filed for bankruptcy jointly must complete the course separately. Payment is made through PayPal. Completion certificates will be provided during business hours from 8:30 a.m. to 5:00 p.m. Central Time the next business day after completing the class.

The course is offered without regard to one's ability to pay. Information on how to obtain a fee waiver is located on the web link provided above.

Extension course authors

The course was developed by a team of Extension personal finance specialists: Sharon Seiling and Nancy Hudson, Ohio State University; Elizabeth E. Gorham, South Dakota State University; Chris Koehler, Washington State University; Celia R. Hayhoe, Virginia Polytechnic Institute and State University; Jinhee Kim, University of Maryland; and Suzann Enzian Knight, University of New Hampshire. Input was also provided by Barbara O’Neill, Rutgers University.

About eXtension

eXtension, www.extension.org, has 30 resource areas covering the energy and the environment, families, food production, healthy communities and personal fitness and nutrition. eXtension is an educational partnership of more than 70 land-grant universities helping Americans improve their lives with access to objective, research-based and credible information. eXtension's Web site is customized with links to local Cooperative Extension sites. Land-grant universities were founded on the ideals that higher education should be accessible to all, that universities should teach liberal and practical subjects and share knowledge with people throughout their states.

About personal financial management instructional courses

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 was passed by Congress and signed into law by President George W. Bush. The United States Trustee Program is the division of the Department of Justice that protects the integrity of the nation’s bankruptcy system by overseeing case administration and litigating to enforce the bankruptcy laws. The Act gives the U.S. Trustee Program responsibilities including certifying entities to provide the financial education that an individual must receive before discharging debts.

Source: eXtension.org