LEGAL GUIDE
Written by attorney Terrance Scott Leeders | Jun 11, 2018

Top 5 Bankruptcy Misconceptions

Many people hesitate filing for bankruptcy. No one wants to do it. But many, should do it. Making that determination is often the hardest part about filing for bankruptcy. There are many stereotypes perpetuated by non-filers that dissuade people from seeking the help they desperately need.

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Society has put a negative polish on those that have to file for bankruptcy. In truth, most who file are not doing so to gain the system or to get away with anything. The most popular reasons for bankruptcy that I see stem from the loss of a job, an injury, or from divorce. Below I will dispel the top 5 bankruptcy misconceptions I hear. In conclusion, having debunked these top 5 bankruptcy misconceptions, only an attorney can give you the best advice about filing for bankruptcy. Don’t rely on rumors and stories. Most of these are not true. Everyone’s case is different, so go get a free consultation to get the best advice about your specific situation. Just because someone’s aunt filed bankruptcy and did or didn’t have to do this or that, doesn’t mean it will be the same for you. Sound legal advice from an attorney who focuses on bankruptcy will serve you better in the long run. I always offer free consultations. This is why I am always open to questions, before, during and after bankruptcy. I tell my clients the pros and cons of their case. I do not like surprises, and I know my clients don’t want any surprises to pop up with their bankruptcy case either. So come in, I will dispel any of these top 5 bankruptcy misconceptions and other bankruptcy myths you hear, and will guide you to getting a fresh start with a bankruptcy case.

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