Released on = January 25, 2006, 7:34 am

Press Release Author = David M. Siegel & Associates

Industry = Education

Press Release Summary = Those filing either Chatper 7 or Chapter 13 bankruptcy must
complete a two hour debtor education course prior to receiving their discharge in
bankruptcy. For many, it\'s back to school for the first time in decades.

Press Release Body = For Immediate Release
1-25-06


David M. Siegel
(847) 520-8100
davidmsiegel@hotmail.com
www.bankruptcylawyerschicago.com



It\'s back to school for consumers who file for bankruptcy under the new Bankruptcy
Act. If one wants to get a fresh start through Chapter 7 bankruptcy or if one
desires to consolidate his debts under Chapter 13 bankruptcy, he will have to go
back to school. That schooling is a two hour debtor education class which must be
completed in order to receive a discharge. The providers or educators of this class
must have first been granted approval from the Executive Office of the United States
Trustees. A typical class may cover such financial education topics as:

1. Understanding Money and Credit
2. Money Management
3. Wise Use of Credit
4. Consumer Information

CCCS, Inc. (Consumer Credit Counseling Service of Greater Atlanta) is offering the
course for $50.00 per household. They also provide the class via the internet,
twenty-four hours a day, everyday. A completion certificate is provided at the
conclusion of the class.

In the suburbs of Chicago, Chapter 13 Trustee, Glenn Stearns, is offering an
approved, educational class. His class is being offered free of charge to Chapter
13 debtors who were assigned to his office. Chicago consumer bankruptcy attorney
and American Bankruptcy Institute member, David Siegel, states that \"Glenn Stearns\'
class is likely to be exceptional. He has a strong grasp of what is important as it
relates to debtors in the post-bankruptcy reform era.\" For further information
(http://www.bankruptcylawyerschicago.com)

For many bankruptcy filers, this is the first time that they have been back to
school. The purpose behind the schooling is to educate debtors so that they are not
likely to file bankruptcy in the future. It is unclear as to whether the required
schooling will have the desired effect since the severe economic factors that lead
individuals to file still exist.

For More Information:
David M. Siegel
(847) 520-8100
davidmsiegel@hotmail.com
www.bankruptcylawyerschicago.com

Web Site = http://www.bankruptcylawyerschicago.com

Contact Details = Mr. David Siegel||790 Chaddick Drive||Wheeling ,
60090||$$country||||847-520-8100||davidmsiegel@hotmail.com||http://www.bankruptcylawyerschicago.com