Top 10 Bankruptcy Myths Debunked

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00003947-top-10-bankruptcy-myths-debunked/

By Brigitte Yuille, Bankrate.com

If you think you know all you need to know about the new bankruptcy law, you might want to think again. There’s a lot of misinformation out there, and much of what you think you know might not be true.

A recent consumer survey conducted by the American Bankers Association showed that more than half of those surveyed were aware that Congress had recently passed a new law, but that doesn’t mean those consumers knew what was actually in the legislation.

And bankruptcy folklore continues to emerge. So much so that Experian, a credit reporting agency, has joined with bankruptcy attorneys to correct the top 10 myths that Experian uncovered.

For this complete story, please visit Top 10 Bankruptcy Myths Debunked.

Top 10 Bankruptcy Myths Debunked

Unknown Author

Featured Resources

Webinars

About