Let’s clear the air about something, bankruptcy IS NOT a “gut wrenching” experience that destroys your life and leaves you awake at night. I’ve heard this ridiculous notion bandied about by the very people who have benefited from bankruptcy in their life.  They file bankruptcy, reap the benefits, then turn around and tell others not to file bankruptcy because it will destroy THEIR …

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Let’s clear one thing up right now:  going financially bankrupt does not automatically mean you go morally bankrupt as well.

Unfortunately, all too often I come across people who fear that admitting they’ve gotten in way too deep financially means that it somehow makes them a “bad” person.  Let’s get that cleared up right now:  going financially bankrupt does not mean you go …

Tags: Bankruptcy Misconceptions

So, you’ve made the crucial decision to file for bankruptcy and have done your due diligence to find a competent, experienced bankruptcy attorney to represent you.  Bravo!  You’re understandably nervous about the process and wondering what the next step is.  It’s actually easier than you think.  The number one rule of thumb is–be honest.  Honesty truly is the best policy when it …

Comment by Jacob Sparks: People’s misconceptions about the consequences …