Common Myths Associated With Bankruptcy
There are a number of myths that surround bankruptcy, and this is likely because bankruptcy law is rather complex. Due to these myths, some people opt to stay in debt instead of filing for bankruptcy. This can lead to severe financial ruin. Keep reading to learn what some of the most common myths are so that they won't scare you off.
You Will Lose Everything
This is likely the most common myth that is associated with bankruptcy, but at the same time, it is also the most incorrect.