What are some common myths surrounding bankruptcy?

We have had experiences with clients who come to the office feeling like they are alone – they are ashamed to consider filing for bankruptcy because of the misconceptions surrounding debt relief. And it is common to hear someone dismiss those who go through bankruptcy as being frivolous spenders who are bad with money and are somehow taking advantage of the legal system. But this is the wrong way to see bankruptcy. Let’s look at a couple secrets surrounding debt relief that will help change the way we view it.