Arizona Legal Advocacy

Phoenix Bankruptcy Lawyer Help: The 10 Myths of Bankruptcy

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Christy Thompson, Phoenix Bankruptcy Lawyer shares with us some short sweet answers to a 10 myths we hear about all the time from our clients. Myths such as... Myth #1 Is Bankruptcy Dishonest? Myth #2: I will lose all my property in a bankruptcy case. Myth #3: I can’t own anything after bankruptcy. Myth #4: I will never be able to establish credit after a bankruptcy. Myth #5: Bankruptcy gets rid of all debts. Myth #6: I can protect my property by hiding it or giving it away before I file bankruptcy. Myth #7: I will lose my job if I file bankruptcy. Myth #8: I filed a bankruptcy before, so I can’t file again. Misconception #9: Taxes can’t be eliminated in bankruptcy. Misconception #10: I must be broke to file bankruptcy. If you have any questions or would like to speak to Christy you can contact her at www.ArizonaLegalAdvocacy.com/