When big businesses have to file for bankruptcy, the court proceedings might make the national news. Local business bankruptcies can also draw media attention at the regional level, especially when a bankruptcy might result in layoffs. As the owner or financial...
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Bankruptcy Myths
Fighting the myths that keep people from filing bankruptcy
There is a lot of misinformation out there about bankruptcy, and if you believe that inaccurate information, it might stop you from filing. Bankruptcy exists to protect people when their debt reaches a point where they can't control it or when they unexpectedly lose...
Debunking 3 common myths about bankruptcy
If you file for bankruptcy, you’ll lose all of your valuable possessions. If you file for bankruptcy, you are considered a failure. If you file for bankruptcy, your financial future will be ruined. These are just three of the many misconceptions about bankruptcy....