CBS Takes on Filing Bankruptcy Myths

CBS 2 in New York City recently took a look at bankruptcy, and addressed some of the myths surrounding filing bankruptcy.

With personal bankruptcy filings on the rise, it's a timely topic. But, it could be a life-changing report if you are struggling with debt, but have hesitations about filing.

Among the myths CBS 2 takes on:

  • Bankruptcy ruins your credit score
  • You should be dead broke before filing
  • You will lose your home

As CBS reports, filing bankruptcy may improve your credit score and help you keep your home before you hit bottom.

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This entry was posted on Thursday, June 18th, 2009 at 10:19 am and is filed under The Truth about Bankruptcy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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