Bankruptcy is an affordable and surprisingly easy federal court remedy that frequently allows debtors to get rid of their debt and start over without paying anything back. Bankruptcies can generally be described as “liquidation” (Chapter 7) or “reorganization” (Chapter 13).
The biggest advantage to filing a bankruptcy is that you are in control and are forcing your creditors to accept what you propose in your case, whereas all of these other options the power is still with the creditor to say NO. And eliminating the debt altogether is the best way to make sure you get a fresh start.
But what about all of the things you hear about filing bankruptcy? Isn’t bankruptcy going to cause all kinds of bad things to happen to me, my stuff and my credit? Well, actually that is not true! Bankruptcy is the one thing your creditors don’t want you to learn the truth about. In fact, there are many myths about filing bankruptcy that are spread by your creditors to keep you from choosing that option.
This report is to give you the truth. The truth about the top secrets your creditors don’t want you to know. So, let’s get to it. I am going to show you the top 15 myths about filing bankruptcy AND the actual FACTS. Right here, right now!
Keep reading for the top 15 myths about filing bankruptcy… and find out the truth!