Myth 1:Debt consolidation is as good as bankruptcy

Myth 2: Everyone will know you filed bankruptcy

Myth 3: You will never get credit again

Myth 4: Filing bankruptcy will hurt your credit for 10 years

Myth 5: Only deadbeats file for bankruptcy

Myth 6: Your property will be sold by the bankruptcy trustee

Myth 7: You have to hide assets to file bankruptcy

Myth 8: It is expensive to file bankruptcy

Myth 9: It is hard to qualify to file bankruptcy

Myth 10: Taxes are not dischargeable in bankruptcy