Personal Bankruptcy bankruptcy

[bankrupcyus]

what is the myth of bankruptcy?

 

[army judge]

what is the myth of bankruptcy?

BK is not a myth.

BK offers many people a new start.

The myth of an easy life is what easy, credit ripoffs offer.

No one should ever become indebted to anyone else for any reason.

The myth is that you can have something you can not afford to buy using credit.

BK is not a myth.

 

[debtreliefohio]

He he... Hope you have a great interest in exploring the myth of bankruptcy... Do some web research to find the myth.. May be i am also doing it now....

 

[Wystan]

"Myths" about bankruptcy! Are you kidding?
There are no myths about bankruptcy but some "Confusions" are there. Like you can't file bankruptcy if you have a job, medical bills can't be discharged in bankruptcy, people who file bankruptcy can't get credit for 10 years, Bankruptcy represents personal or moral failure.. etc. etc.
Each of these statements are false. Hope you understand now what the so called "myths" actually are.

 

[bankrupcyus]

RE::Bankruptcy

one of the "Myths" about bankruptcy is "You can't file bankruptcy if you have a job ".....

 

[esterlydsl]

The biggest myth related to bankruptcy is that it snatches everything- home, employment and reputation. It is just not the right information, rather it helps to start afresh.

 

[barette]

The most common myth about bankruptcy is that the only type of person who files is a big spender, irresponsible who is bad with money and lives a lavish lifestyle.

 

[bankrupcyus]

Here are the Top 15 Myths About Bankruptcy that your creditors don't want you to know:-

Myth 1: Filing for bankruptcy hurts your credit for 10 years.
Myth 2: Everyone will know you filed for bankruptcy.
Myth 3: There is not any help with the new bankruptcy law.
Myth 4: You are a bad person for filing bankruptcy.
Myth 5: You can pick and choose what to put into bankruptcy.
Myth 6: It's hard to file for bankruptcy.
Myth 7: You will never be able to own property again.
Myth 8: You will lose everything you own.
Myth 9: Both you and your spouse have to file bankruptcy together.
Myth 10:You can't get rid of back taxes in bankruptcy.
Myth 11:You can only file bankruptcy once.
Myth 12: You can never get credit again.
Myth 13: Only losers file for bankruptcy.
Myth 14: Creditors can still harass you if you file for bankruptcy.
Myth 15: Filing bankruptcy causes more family trouble and divorce.

 

[Michael Wechsler]

Thanks for the information. I give you guys credit - at least your posts are getting more useful and you've been more subtle.

But here's one more myth - the ratio of useful posts from India to spam is reasonable. As we move along, I'm closer to blocking most of the country!