Just about every client I've met has some preconceived notion about bankruptcy. Some think they have to have zero income to file. Some think they'll lose all or most of their property. Some think they'll never be able to obtain credit again in the future. Some believe since a creditor has a Judgment against them that it's too late to do anything.
After an initial consultation - just about every one of these clients is relieved to learn that most of their beliefs were mistaken. Knowledge of what bankruptcy can do for them is often enlightening.
They didn't know that it was possible to strip their second mortgage lien. They didn't know that not only could they stop that garnishment, that they could actually even get some of their money returned to them. They didn't know that they could modify the terms of their existing car loan. The list goes on and on…
The bottom line is that people fear the unknown. Since bankruptcy is often a taboo subject many people just don't have the fundamental knowledge of what it actually is.
If you're experiencing any type of financial difficulty, why not contact an experienced bankruptcy attorney? If nothing else you'll likely come away with some very useful knowledge- knowledge that may end up making a huge difference in your financial future.