This class is approved to fulfill the budget and credit counseling requirement of the Bankruptcy Abuse Prevention and
Consumer Protection Act of 2005. If you have an emergency situation and need an expedited certificate, call (505) 994-4686.
Ask to be put through to the Executive Director, or leave a message that you need an expedited certificate. You still need
to complete all class requirements prior to the issuance of the certificate.
Welcome to the online Budget and Credit Counseling class. Individuals filing bankruptcy must complete a course in budget
and credit counseling before filing. This online class is a way for you to complete the pre-filing requirement.
The New Mexico Project for Financial Literacy (NMPFL) provides budget and credit education through online and in-class
workshops. The services provided are for general education and are not to be construed by the participant/student as
representing any specific and/or professional advice. The NMPFL does not provide legal advice and is not acting in the
capacity of investment advisor or tax advisor. NMPFL does not guarantee financial success or the attainment of any individual
goal or outcome by the participant.
NMPFL does not endorse any specific legal, tax or investment advisor or strategy. Should the participant desire specific
or individualized legal, tax or investment advisory services, the participant is directed to contract these services
separately. NMPFL does not pay or receive fees or other consideration for the referral of classroom participants.
NMPFL is funded by grants, fee programs, and contributions. Funding is provided by the Foundation for Financial Planning,
Annie E. Casey Foundation, NM Coalition for Financial Education, Wells Fargo Bank, individual donors, United Way, and NM
The fee for the course will be $30 for each person completing the course and includes curriculum materials. Filers are
served without regard to their ability to pay. Pro se and pro bono filers are not charged. NMPFL does not pay or receive
fees or other consideration for the referral of debtor students. Upon completion of the course, NMPFL will provide a
certificate of course completion to the debtor student.
Clients that have not yet decided to file for bankruptcy and who are not represented by an attorney, whose income level
is below 150% of federal poverty level for their household, will have their class fee waived.
|Persons in Household
For each additional person, add $5,730.00
NMPFL trainers have a CFP®, CPA, and/or MBA or other personal financial planning and personal finance instruction
qualifications. Trainers will disclose their qualifications at the commencement of each class.
NMPFL is an affirmative-action, equal opportunity institution. Programs and materials are open to all without
regard to race, color, national origin, gender, religion, age, disability, political beliefs, sexual orientation,
marital status, or family status.
Payment of less than the full amount owed, whether through bankruptcy, debt management plan, default, or personal
negotiation with a creditor, may significantly lower your credit score.