Chat with us, powered by LiveChat

Call For Free Initial Consultation
(615) 898-0607


Home » Uncategorized » Common Bankruptcy Myths

Common Bankruptcy Myths

tn bankruptcy attorney - murfreesboro

Being overwhelmed by debt is, to say the least, highly unpleasant.  Creditors constantly hound you for money, you have serious trouble purchasing anything that requires credit because your credit rating is ruined, and you’re filled with the mental insecurity of not knowing what’s going to happen to your property.

Many people who are in debt feel the exact same about it: they’re trapped.  They’re trapped by their debt and don’t know what to do.  Bankruptcy, in a nutshell, is the key to setting you free.

That being said, there are still quite a few fears about bankruptcy that give people pause when considering it, even in the face of overwhelming debt.

So, let’s disprove some myths about Bankruptcy:

  1. Bankruptcy will make me lose all of my property.

I’ll admit, this one has a hint of truth to it, but nowhere near enough to be worried about.  In Chapter 7 bankruptcy, your assets will be liquidated and then used to repay creditors. These assets, however, are organized into exempt or non-exempt property.

Your home, your car, and many other important pieces of property are protected as exempt under Tennessee law.  You get to keep them.  Sure, you may lose your second yacht, but the things that matter are yours to keep.

  1. Bankruptcy will destroy my credit rating.

This one is actually kind of silly, if you think about it, but still understandable.  While it is true that bankruptcy appears on your credit report for the next ten years, it’s actually not as bad as you think.

Think about it: you’re currently getting sucker-punched by debt.  Your credit rating is already in the hole.  Bankruptcy gives you the chance to get your feet back under you and start building yourself up again.  Many people actually come out with positive credit ratings after bankruptcy simply because losing the weight of debt frees them to make good credit decisions.

  1. Bankruptcy will destroy my retirement plan.

This one is understandable nerve-wracking.  You’ve spent your whole career building up your retirement plan, and now you feel either faced with intense debt or losing your retirement funds.

Good news: your retirement fund is exempt.  Creditors can’t touch your retirement fund, and the court places it safely to the side when divvying up your assets.  There is a limit that can be considered exempt for traditional and Roth IRAs, but that limit is over $1 million, a comfy amount, indeed.

  1. Bankruptcy is scary and means I’m a loser.

I’m pretty sure a certain board game (which I won’t mention by name to avoid any lawsuits) has filled all of us with a fear for bankruptcy.  The word “bankruptcy” has become synonymous with fear, with losing everything and having all of our friends and coworkers look down on us.

This one is a snare set by fear itself to trap us from making the smart decision.  Filing for bankruptcy doesn’t mean you lose, it doesn’t mean you should hang your head in shame.

Filing for bankruptcy means you’re sick of carrying around massive debt and you want a fresh take on life.  It means you’re making the mature decision to reclaim possession of your own life.

If you’re considering bankruptcy, take the first step in reclaiming your life and call us today.   Our attorneys are bankruptcy professionals who will expertly guide you through bankruptcy’s legal process.

Call 615-898-0607

 

No Responses so far.

  1. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Valuable facts. Thanks.

    man dies from viagra overdose what is better viagra or cialas
    viagra pills
    viagra multiple orgasms – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  2. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Valuable forum posts. Regards.

    viagra drug risks viagra pulmonary htn
    cheap viagra
    can a man take pink viagra – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  3. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Many thanks. I appreciate it!

    age to take viagra is viagra ok for women
    viagra for sale uk
    viagra effects photos porn – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  4. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Whoa a good deal of superb advice.

    modo de empleo viagra female version of viagra
    buy viagra
    i been using viagra everyday – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  5. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    With thanks! I value this!

    viagra for sale london edinburgh viagra find pages sites search
    viagra online
    viagra versus birth control – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  6. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Really many of terrific material!

    canadian mailorder viagra funny picture viagra
    generic viagra online
    can viagra be cut into two – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  7. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Beneficial posts. Appreciate it.

    venetian las vegas effects viagra is viagra bad fot health
    viagra for women
    viagra soft tabs next day – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  8. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Nicely put, Cheers.

    levitra and viagra compare buy viagra online 350
    viagra for sale uk
    clonidine and viagra – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  9. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Excellent forum posts. Thanks a lot!

    viagra marketing campaign regular use of viagra
    viagra online
    viagra pr cautions d’emploi – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  10. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Helpful forum posts. Many thanks!

    viagra pros and cons real viagra videos
    buy viagra
    viagra trials for shrinking cancerous tumors – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  11. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Thanks a lot. Numerous tips!

    viagra in morning when will the viagra patent expire
    viagra pills
    no perscibtion viagra – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  12. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    You actually suggested this superbly!

    viagra ejaculations sites computer viagra edinburgh pages find
    generic viagra 100mg
    after using viagra – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  13. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Thanks. I enjoy it.

    el viagra retarda la eyaculaci n buy viagra where
    generic viagra
    viagra onlin – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  14. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Beneficial material. Kudos.

    about buy viagra online links angelo lovallo viagra
    viagra 100mg
    does viagra work on girls – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  15. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    You stated that perfectly!

    viagra uses mens experience with viagra
    generic viagra 100mg
    compare viagra to cealis – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  16. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Nicely put, Thanks!

    viagra lahore viagra target market men age
    generic viagra 100mg
    virus viagra – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  17. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Thank you. Lots of posts.

    men with erectile dysfunction l-arginine viagra viagra a
    generic viagra 100mg
    viagra superforce – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  18. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Many thanks. Good information.

    sex without viagra renova viagra renova
    buy viagra online
    male viagra cream – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  19. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Thanks a lot. I enjoy it!

    for women cialis levitra or viagra viagra hardon
    buy viagra
    viagra sample packes – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  20. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Perfectly expressed truly! !

    cheapest viagra in the usa viagra on line
    viagra for sale uk
    on line pharmacy viagra – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  21. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Awesome stuff. Cheers!

    where is viagra sold kamagra cheap viagra
    viagra pills
    viagra canada review – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  22. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Helpful information. Many thanks.

    viagra and injection therapy viagra insomnia
    cheap viagra
    buy viagra phuket – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  23. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Superb material. Kudos.

    veterinary viagra viagra suppositories ivf thin lining
    viagra for sale uk
    viagra sales by country – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  24. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Terrific posts. Regards!

    viagra nitrite maximum dosage of viagra
    cheap viagra
    viagra online best – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  25. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    You made your stand pretty effectively.!

    generic viagra soft viagra paid with paypal
    viagra pills
    viagra experiances – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  26. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    You actually revealed it well.

    viagra free sites charles linskaill alerts washington post viagra aphganistan
    viagra for women
    lowest price generic viagra – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  27. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Incredible lots of useful knowledge!

    viagra nebo cialis viagra prescriptions charlotte nc
    generic viagra online
    aching legs viagra – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  28. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Terrific posts. Many thanks.

    viagra heart attacks viagra soft tabs
    viagra pills
    us drugstore pharmacy viagra – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  29. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Regards! Plenty of postings!

    viagra serotonin faq viagra
    buy viagra online
    denmark in viagra – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  30. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Whoa a lot of valuable facts!

    viagra and eye problems viagra direct
    buy viagra
    the miller firm won viagra lawsuit – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  31. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Reliable tips. Kudos.

    viagra misleading g postmessage viagra subject forum
    viagra generic
    viagra maxium dosage – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  32. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Appreciate it. Plenty of tips!

    viagra overdose symptoms viagra no prescription online cheap
    viagra without a doctor prescription
    free viagra videos – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  33. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    This is nicely put! !

    natural testosterone viagra cialis viagra online
    buy generic viagra
    viagra for women on anti-depressants – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  34. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Incredible all kinds of beneficial information!

    double viagra viagra vs cialis swiss pharm
    generic viagra
    overnite shipping viagra – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  35. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Thanks. I like this.

    advertising viagra green commercial generic 500mg viagra
    viagra without a doctors prescription
    whatdoes viagra do to a girl – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  36. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    With thanks, Numerous stuff.

    search viagra viagra edinburgh pages online shop for viagra cheap
    viagra for sale uk
    greg lang viagra cincinnati health department – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  37. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Thanks a lot. A good amount of postings.

    effects of taking viagra without ed cialis levitra viagra cost comparisons
    generic viagra online
    generic viagra soft-100 chewable – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  38. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    You reported it effectively.

    high from viagra how fast does viagra work
    buy generic viagra
    viagra on line no prescripton – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  39. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    This is nicely put! .

    reglement viagra viagra chemist prices australia
    buy viagra
    erection viagra – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  40. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Nicely voiced without a doubt. !

    buy 100 mg viagra nasal delivery viagra
    buy generic viagra
    viagra soft tabs review – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  41. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Amazing all kinds of terrific advice.

    european antidepressant viagra for women viagra to propecia side efffects
    generic viagra 100mg
    buy viagra professional 24h – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  42. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Wow loads of amazing data!

    chopping viagra is viagra a calcium blocker
    generic viagra 100mg
    effects of viagra blog – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  43. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Seriously loads of awesome tips.

    viagra order cheap viagra sipari verme
    buy viagra
    generic viagra buy – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  44. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    With thanks, Fantastic stuff!

    viagra nyship 2007 i used viagra
    buy viagra
    cheapest prices for viagra cialis levitra – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  45. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    You actually said that superbly!

    natural viagra formulas lowest viagra price at online pharmacy
    buy viagra online
    viagra hyper – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  46. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    You said it adequately..

    does viagra result in longer erections cialis tadalafil beter dan viagra
    generic viagra 100mg
    cialis levitra market sales viagra – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  47. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Nicely put, With thanks!

    viagra ordering on line viagra coupons
    viagra without a doctor prescription
    viagra and female libido – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  48. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Amazing many of useful knowledge!

    viagra for free viagra billboard
    viagra generic
    mode demploi viagra – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  49. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    With thanks. An abundance of postings.

    pepsi viagra joke mount and dew viagra toronto
    viagra for women
    viagra search find cheap pages – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  50. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Good stuff. With thanks!

    long-term effects of viagra price viagra walgreens
    generic viagra
    viagra soft tabs uk buy – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  51. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    With thanks. I appreciate it.

    femail effects viagra viagra penis ring
    viagra pills
    buy hebal viagra – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  52. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Seriously a lot of superb advice!

    what women say about viagra medicare viagra
    viagra for women
    viagra over the counter – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  53. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    You made the point!

    generic viagra vs pfizer purchase discount viagra on the internet
    generic viagra 100mg
    meredith viagra – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  54. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    You said it fantastically!

    ejaculation viagra he took viagra cartoon
    viagra for sale uk
    buy viagra online discount – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  55. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Appreciate it. Loads of knowledge!

    does watermelon rhine work like viagra allentown viagra
    viagra pills
    cheap viagra soft tabs – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  56. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Kudos! Loads of content!

    maryland cialis tadalafil viagra how long for viagra to work
    generic viagra 100mg
    viagra cialis phentermine soma – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  57. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Amazing tons of fantastic information.

    get viagra prescription now viagra treatment hape
    buy generic viagra
    viagra paperweight – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  58. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Many thanks, Numerous facts.

    find viagra free edinburgh search pages best pharmacy viagra
    viagra for women
    buy viagra ventricular a href – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  59. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Useful information. Thanks!

    lorazepam viagra spain viagra
    viagra generic
    review online viagra – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  60. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Regards. Ample information.

    retin-a metrogel prevacid viagra district of columbia viagra flomax interaction
    generic viagra 100mg
    men taking viagra – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  61. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Cheers, Quite a lot of material.

    viagra switzerland risks blood clots viagra medline
    viagra 100mg
    viagra and cialis – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  62. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Nicely put. Regards.

    viagra and posing trunks viagra hypertension nitroglycerin
    generic viagra 100mg
    purchase viagra medication – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  63. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Wonderful material. Cheers!

    drug interaction glucophage viagra drug interaction dosage viagra lower blood pressure
    generic viagra 100mg
    viagra in desert – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

  64. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Thanks a lot, I appreciate it.

    poker viagra viagra overage
    viagra pills
    viagra rx pharmacy – https://genericviagramsl.com

    DavidKix
    Terencenig
    Victorsem

  65. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    Regards. Numerous stuff!

    viagra dosage blog arginine nitric oxide viagra levitra cialis
    viagra generic
    drunk viagra – https://genericviagrantx.com

    DavidKix
    Terencenig
    Victorsem

  66. AndrewInerY says:
    Your comment is awaiting moderation. This is a preview, your comment will be visible after it has been approved.

    You actually said it fantastically!

    were does viagra come from women viagra study low testosterone
    viagra generic
    buy viagra search find 76k – https://genericviagrarcp.com

    DavidKix
    Terencenig
    Victorsem

Leave a Reply

Your email address will not be published. Required fields are marked *