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<h1>Recognized debt counselors may offer guidance to bankrupt individuals under 2019 Bankruptcy Process Regulations for Personal Guarantors.</h1> Debt counselling during the bankruptcy process can be offered to a bankrupt individual by a person recognized by either the Insolvency and Bankruptcy Board of India or the Central Government. This provision is outlined in the Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019.