Bankruptcy Myths

At the Beason Law Group, we are confident in our experience with the bankruptcy process. While there are many misconceptions, we have the right information to help you make the right decisions to solve your debt concerns. Every case is different, and we will work with you to maintain your life during the bankruptcy process.

If Chapter 7 or Chapter 13 bankruptcy is the best option for you, then let our firm guide you with the correct information.

Common Bankruptcy Myths

We are familiar with all the myths surrounding bankruptcy and can correct any misconceptions you may have.

Myth: You lose all of your property.
Fact: Filing for bankruptcy can save many of your belongings and certain items are completely exempt from creditors.

Myth: Your credit is ruined forever.
Fact: The Beason Law Group will continue our service past bankruptcy, and you can rebuild your credit score over time.

Myth: You can only file bankruptcy once.
Fact: It is possible to file multiple times, and we will make sure you know if and when that is the appropriate decision.

Myth: Debt consolidation companies have high success rates.
Fact: Debt consolidation companies actually affect your credit as well and can often leave you with even more debt. We will show you the legal options and help you through your process.

Myth: Creditors continue to harass you during bankruptcy.
Fact: It is illegal for creditors to call after you file for bankruptcy. We will make sure that they recognize the law, while you concentrate on freeing yourself from debt.

Myth: If you file for bankruptcy, then you are in danger of losing your job.
Fact: It is illegal to discriminate against debtors engaged in the bankruptcy process.

Contact Us

At the Beason Law Group we want you to be informed throughout the bankruptcy process. Your awareness will help us set your plan according to your life. Contact us for a free consultation.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.