Recovering from Bankruptcy

Recovering from Bankruptcy

Research from Fitch Ratings shows that close to 800,000 bankruptcy filings occurred in the 2015 calendar year. The good news is that bankruptcy numbers are trending downward, but the bad news is the impact on American households. It is public policy to make sure that multiple bankruptcy filings are not part of a person’s future. To this end, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 requires credit counseling and financial management instruction. Countrywide Pre-Paid Legal Services offers such counseling and education as part of the financial wellness program.

Bankruptcy is not an easy crisis to gain recover. Filing for it is not an activity that should be entered into lightly because of the consequences. Being in bankruptcy puts some very serious restrictions on an individual, and the financial decisions he or she attempts to make. The wrong move is going to cause some serious problems. There are things a person can do, and there are other things an individual must not do. Counseling is the only way to really understand boundaries. The counseling cannot come from some amateur. Certified counselors are the best people with whom to work. Countrywide only makes use of certified counselors; people who have experience guiding other people. Our professionals are able to show how to navigate through any bankruptcy situation encountered.

The instruction we provide will take care of any financial education requirement. Perhaps even more important is the bankruptcy counsel we provide. Bankruptcy is a very traumatic experience for anyone to undergo. It can be very embarrassing for an individual because it suggests this person does not have any control over his or her finances. Countrywide knows the emotional distress of any plan member who is getting bankruptcy counseling. Our network of bankruptcy professionals works with the understanding that courtesy and respect are qualities we expect. No one is treated like an indigent child.

Countrywide operates this way because we realize bankruptcy is caused by any number of reasons. A person can have a sudden emergency crisis, or the stress of student loans can make it very difficult to meet payments. Accidents happen and these can drain resources. We know that people sometimes are driven to the point of financial distress and bankruptcy is the only option. To suggest that bankruptcy is a result of frivolous spending is to show considerable disrespect those who have to endure this process.

Organizations who really want to help their employees are advised look at this particular option carefully It is the kind of service people use, and greatly appreciate. Those employers who have bankruptcy and counseling education value their staff and understand the trauma. The employees who are able to use the service deeply value what their employer is doing for them. The result is increased loyalty and commitment to productivity.

The economy is getting better but there still are emergencies that arise. The bankruptcy counseling education Countrywide provides help people better weather the storm. Those who use it are grateful for the information they receive.

Client Reviews
The legal plan has been a great resource and they commonly align the practice area with the best of the best. I have used this in multiple states and locations for a range of services and have saved 10x program costs. I highly recommend this service and is a great benefit MTM provides us.
★★★★★
I have been able to personally recommend this to a number of our people base on the excellent service and quality advice that I have received over the last two years. I have been able to have a new will drawn up, have received advice and review of real estate contracts both in New Jersey and Florida, and have had occasion, unfortunately, to seek advice on criminal charges filed against one of my teenagers. We were delighted when the charges were dropped, the direct result of the representation of the lawyer I immediately contacted from Countrywide. I will continue to recommend Countrywide based on my personal experience as well as the feedback that I have received from our employees. P. Daniels HR Director
★★★★★
We have offered Countrywide Pre-Paid Legal Services to our employees since 2007. At the time, we were looking for a unique, low cost benefit offering for our employees. I had heard about pre-paid legal services, but must admit, I didn’t think our employees would get much bang for their buck. I was wrong, I was stunned at how many employees actually enrolled in the plan during that first year. Our enrollment continues to be strong and employees rave about the benefit year after year. The plan is simple to administer and Countrywide handle everything in an organized, professional manner. It’s been a very well-received benefit for our employees. J. Magrowski, VP Human Resources
★★★★★
I am very pleased to recommend Countrywide Pre-Paid Legal Services as your legal plan provider. Our benefits philosophy is to attract, motivate, reward and retain the best employees and Countrywide complimented our total rewards package. The set up and rollout of this plan was well organized and quite easy to administer. Countrywide has been easy to work with, has attended our benefit fairs, group meetings and provides us with all communication pieces for open enrollment. J. Kilpatrick Benefits Manager
★★★★★
We made a decision to offer Countrywide Pre-Paid Legal Services as a voluntary benefit to our full-time employees. The benefit was well-received by employees and enrollment has been consistently high. The plan is easy to administer and fully paid at the employee level. Countrywide attends all of our employee fairs, gives an excellent presentation to our employees and they are timely and responsive to our request for information. From an HR perspective, I can highly recommend this service to any company looking to enhance their employee benefits package with quality choices while keeping costs manageable. S. Phillips, VP, Human Resources
★★★★★
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