Iowa Bankruptcy Attorney

Top 11 Myths

You know all those bad things
……you’ve always heard about bankruptcy.

Most of it is NOT TRUE.

Here are the top 11 Myths your creditors want you to believe
…and the reason why every one of them is NOT TRUE.

Myth 1: Under the NEW bankruptcy law, there is no more help.

Myth 2: Everyone will know you have filed for bankruptcy.

Myth 3: You will lose everything you have.

Myth 4: Filing bankruptcy will hurt your credit for 10 years.

Myth 5: If you’re married…both you and your spouse have to file for bankruptcy.

Myth 6: It’s really hard to file for bankruptcy.

Myth 7: Only deadbeats file for bankruptcy.

Myth 8: Filing bankruptcy means you’re a bad person.

Myth 9: Even if you file for bankruptcy, creditors will still harass you and your family.

Myth 10: You can’t get rid of back taxes through bankruptcy.

Myth 11: You can only file once for bankruptcy protection.

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