11. �THOSE DEBT MANAGEMENT PLANS ADVERTISED ON TV AND RADIO REALLY WORK! FALSE – Most people are optimists about their finances. �Things don’t always get better. Check out this post about Debt Management Plans. 12. �YOU CAN KEEP ONE CREDIT CARD (JUST DON�T TELL YOUR BANKRUPTCY ATTORNEY) FALSE – You need to list all of [...]
myths
6. �YOU WILL NEVER GET ANOTHER JOB OR BE ABLE TO RENT AN APARTMENT FALSE – Employers do not want like having their employees distracted from the job by harassment at work or the extra accounting caused by wage executions. �Landlords want tenants who can use their salary to pay rent, not paying creditors instead. [...]
TOP 15 MYTHS OF BANKRUPTCY (UNLESS YOU’RE COUNTING) 1. �YOU CAN�T FILE BANKRUPTCY UNDER THE NEW LAW *FALSE – The “new” law (actually effective in 2005) put some hurdles in the way of filling for bankruptcy, but the effect is just to slow you down to give your creditors more time to pick at you [...]
