10 Misconceptions of Bankruptcy

Take the time to watch our custom video answers to your most pressing questions about the often confusing Bankruptcy process.

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Misconception #1: 

I will lose my house and car if I file bankruptcy?

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Misconception #2: 

When I file bankruptcy someone from the court will come to my house and go through my possessions?

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Misconception #3: 

If I file bankruptcy, I will never be able to finance a car again?

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Misconception #4: 

If I file bankruptcy, I will never be able to get another credit card?

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Misconception #5: 

Filing a bankruptcy is easy.  All I need to do is go down to the court and file a couple of papers?

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Misconception #6: 

When I file bankruptcy all my debts get erased?

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Misconception #7: 

To file bankruptcy, I must be delinquent on all my debts?

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Misconception #8: 

If I file bankruptcy I will have to go to court where my creditors and a judge will grill me over the coals?

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Misconception #9:  

If I file bankruptcy, I have given up on my dreams and my chances of becoming a success?

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Misconception: #10: 

I will lose my job if I file bankruptcy? 

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