There are plenty of misconceptions and myths out there about bankruptcy and what it means. For starters, bankruptcy exists to protect debtors – not to empower creditors. It’s a legal process designed to ensure creditors can’t deprive you of life’s necessities or the possibility of a successful and happy future.
We help people overcome the obstacles and stigmas that get in the way of finding a better future. The first step is dispelling the myths surrounding bankruptcy and what it means. Here’s a list of the most common myths we find our clients have about bankruptcy and some clear guidance to get you started.