The financial management course is a required course you must take after the bankruptcy has been filed. In order to qualify for a discharge from the bankruptcy the financial management course must be successfully completed. The course is aimed towards offering guidance on budgeting and money management. It is an online course provided by Hummingbird Credit Counseling and Education and several other companies, and usually takes around one hour and thirty minutes to complete. It is important that you watch all of the videos and think of the course as an opportunity for guidance on money management. We recommend completing the online course after you have received your case number and before the creditors meeting.
Keep in mind the financial management course is required for both Chapter 7 bankruptcy and Chapter 13 bankruptcy cases. The financial management course is completed on the same website used for the credit counseling course. Just as a reminder the credit counseling course must be completed before the filing of the bankruptcy. Then, after the filing has taken place and you are provided with a case number, you must complete the financial management course.