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.
Get the full report on bankruptcy myths.
Tags: bankruptcy myths, bankrutpcy video, filing bankruptcy
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