Four Myths About Bankruptcy
Filing for bankruptcy could offer relief for many in financial trouble, yet many are reluctant to do so. Gerri Detweiler discusses 4 myths that keep people from getting a fresh start and the truth about bankruptcy:
Bankruptcy Myth #1: I'll lose everything in bankruptcy
Bankruptcy Myth #2: I make too much money to qualify
Bankruptcy Myth #3: I won't be able to get credit for 10 years
Bankruptcy Myth #4: Honest people don't walk away from their debts
Listen as the Union Credit Doctor dispels these myths with the hard facts.
If you're facing mounting debts, talk with a bankruptcy attonery before you make costly financial mistakes (like using you retirement money to pay down debt). The Union Plus Credit Counseling Service offers free bankruptcy counseling for people thinking about filing for bankruptcy. Visit: http://UnionPlus.org/CreditCounseling
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