Over the years, I have learned that there is a lot of misinformation circulating about bankruptcy. Much of the information is good and gives fair description of how a bankruptcy filing may impact you. However, there is a lot of misinformation or simply untrue information about bankruptcy. If the next several blogs, I will deal with a number of these myths people may read about filing bankruptcy.
Bankruptcy Myth 4: You Will Never Be Able To Own Anything Again.
FACT: This is completely false. There are no laws prohibiting you from buying homes, cars, trucks, equipment, household goods, et cetera. Once you get what is called your ‘discharge in bankruptcy,’ many people, within 2 years after their bankruptcy case closes, have new cars, have bought houses, and have excellent credit.
To learn more about your options please contact The Pritchard Law Firm at (817) 285-8017 to set a free appointment to learn which option is best in your circumstance. Do not spend another sleepless night worrying about what you are going to do, contact The Pritchard Law Firm today and sleep better tonight.
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