Not true. There’s a reason over 1,000,000 Americans file bankruptcy each year, and it’s not because they’re bad people. Lots of good, honest, hard-working people fall on hard times. Let’s face it, life can be brutal, and sometimes the money’s just not there. The bankruptcy law was created with this in mind, to make sure you have a way, if need be, to get free from the burden of debt, so that you and your family can have a second chance at a “fresh start”.