The 5 Most Common Bankruptcy Myths

The 5 Most Common Bankruptcy Myths

The ability to file for bankruptcy is an important resource for people unable to pay off their debts. Nevertheless, few people understand how bankruptcy really works. Here are our picks for the 5 most common bankruptcy myths. Only irresponsible people file for...
Bankruptcy: The Stigma Has Changed

Bankruptcy: The Stigma Has Changed

Until recently, there was a strong social stigma against filing for bankruptcy. People saw it as immoral and a way to cheat the system. Since then, attitudes have changed. Reforms to the U.S. Bankruptcy Code and a decline in the stigma associated with bankruptcy have...