Filing for bankruptcy can be a big step to make. It is important for a person who wants to file for bankruptcy to go into their first meeting having an idea of what they want to aim for. This will make the rest of the process flow much more smoothly, making it easier for all parties involved.
What do you need before your bankruptcy meeting?
Which Chapter 7 bankruptcy myths are false?
There are a number of myths that surround Chapter 7 bankruptcy. Whether they seem positive or negative, false myths can be harmful to those who are trying to decide if bankruptcy is right for them because false information can be misleading. In order for a person to make a well-informed decision, they should know which myths about Chapter 7 bankruptcy are true and which are false.
Addressing the social stigma attached to bankruptcy
For people who are considering filing for personal bankruptcy or who have already filed, it can be an embarrassing and painful topic to discuss. This is especially true if the person who filed for bankruptcy does not want his or her employer or other individuals to know about it. There seems to be a stigma attached to bankruptcy that is difficult to shake, despite more people in Oregon and other states filing for bankruptcy in today’s difficult financial times.
Common concerns for those considering bankruptcy
If you’re one of the many Oregon residents having trouble keeping up with bills, you may be considering filing for bankruptcy. While personal bankruptcy can be invaluable in helping you get back on your feet, it is also a serious decision that should not be entered into lightly. At The Law Office of Kim Covington, we understand that you may be feeling confused and hopeless at this point.
