Puerto Rico

Friday, April 16, 2021
Network Announcement
Revocation of Temporary Waiver of Credit Counseling and Financial Education Requirements in the District of Puerto Rico and the District of the Virgin Islands To Occur Effective March 24, 2021.

Individuals in the District of Puerto Rico and the District of the Virgin Islands whose bankruptcy cases are filed on or after March 24, 2021 will once again be required to have received pre-petition credit counseling as set forth in 11 U.S.C. § 109(h)(1) and to file with their petition a statement of compliance with the credit counseling requirement pursuant to Federal Rule of Bankruptcy Procedure 1007(b)(3).

Similarly, individual debtors in the District of Puerto Rico and the District of the Virgin Islands who seek a discharge on or after March 24, 2021 will once again be required to have received personal financial management education as set forth in 11 U.S.C. §§ 727(a)(11) and 1328(g)(1) and, pursuant to Federal Rule of Bankruptcy Procedure 1007(b)(7), the debtor must file the appropriate statement of completion of the course with the court unless an approved provider of personal financial managementeducation has already notified the court that the debtor has completed the course. 

Join the IWIRC Community

A world of benefits is just a click away.

Learn more about membership benefits!