What Does the Debtor Education Course Cover?
The Personal Financial Management Instructional Course covers five modules of practical personal finance education designed to help you build a stable financial foundation after bankruptcy.
Module 1 — Budget Development
Setting financial goals, tracking your income and expenses, and building a realistic spending plan.
Module 2 — Money Management
Keeping accurate financial records, making sound financial decisions, understanding insurance, and building savings habits.
Module 3 — Wise Use of Credit
Understanding the types and true costs of credit, recognizing warning signs of credit problems, exploring alternatives to credit, and rebuilding your credit rating after bankruptcy.
Module 4 — Consumer Information
Identifying public and non-profit resources available to you, and understanding your rights under consumer protection laws.
Module 5 — Coping With Unexpected Financial Crisis
Exploring alternatives to borrowing when emergencies happen, accessing assistance from service agencies, and planning for the unexpected.
Final Exam
After completing all five modules, you take a final exam. The exam presents 10 questions drawn from a bank of 50 covering all five modules. Questions are multiple choice. The system grades the exam automatically and provides feedback on any incorrect answers. If you do not achieve a satisfactory score, you can review the feedback and retake the exam. Your certificate is issued promptly once you achieve a satisfactory score.
Quick Facts
Detail | Information |
Number of modules | 5 |
Final exam | 10 questions from a bank of 50; multiple choice; auto-graded |
Languages | English and Spanish |
Audio | English only (vision-impaired accommodation) |
Certificate | Issued promptly upon satisfactory exam completion |
Frequently Asked Questions
Is this course difficult? The course is educational, not a barrier. The exam provides feedback on incorrect answers and can be retaken until you achieve a satisfactory score.
Does the course tell me what to do with my specific bankruptcy case? No. The course covers general personal finance education. Instructors cannot provide legal advice about your case. Consult your attorney for case-specific questions.
Can I skip sections I already know? The course must be completed in full. All five modules and the final exam are required. You cannot skip content or test out of sections.