By Melissa Allison and Emily
Heffter
Anyone
who wants to file personal bankruptcy now must visit a credit counselor first,
thanks to a new bankruptcy law that kicked in last fall. Lenders hoped
counseling would persuade some borrowers not to file
bankruptcy.
But the sessions aren't changing anybody's mind about
filing, credit counselors say, and the required counseling is putting the
agencies in a financial bind.
Credit-counseling agencies say they bring in a significant portion of ... more »
