West Houston Bankruptcy Attorneys
Bankruptcy Myths
At the Law Office of Corey L. Mills, our lawyers are dedicated to helping
clients thoroughly understand the bankruptcy process, their legal rights
and their options in restructuring or discharging their debt. When you
meet with a West Houston bankruptcy lawyer at our firm, we will take the
time to answer your questions, review your particular situation and address
your concerns in order to help you make the right decision for your financial future.
There are a number of myths about bankruptcy, and we have identified several
of these on this page:
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Myth: Everyone will know that I filed for bankruptcy, and my reputation will
be ruined!
Fact: Unless you are a celebrity or well-known persona and the media discovers
you have filed, it is highly doubtful that anyone except your creditors
will know that you have filed for bankruptcy. Bankruptcy is a public proceeding,
but there are countless cases at any given time and it is extremely rare
that a case will be picked up and made public.
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Myth: I will lose all of my assets and property.
Fact: There is specific property, including your home, which may be protected
even if you file for bankruptcy. By consulting an attorney, you can find
out what property may be protected.
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Myth: I will never be able to restore my good credit again.
Fact: Although it may take time, you will be able to build your credit again.
In fact, you will probably receive credit card offers in no time, and
if you are careful and use these sparingly, paying off balances immediately,
you can begin to build your credit. A lawyer can help you understand what
life after bankruptcy will be like and what to expect.
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Myth: Both spouses have to file for bankruptcy, if you're married.
Fact: If you are married, you and your spouse do not have to file jointly. It
is possible that one spouse may have a great deal of debt in his or her
name and the other will not. Depending upon your particular situation,
it may be better for you alone to file, or it may be better to file jointly.
An attorney can help you understand the repercussions of either filing
separately or jointly.
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Myth: Only irresponsible, lazy people file for bankruptcy.
Fact: This is simply just not the case. Good, honest and hard-working people
often find themselves in situations where they need to file for bankruptcy.
A divorce, unforeseen medical condition or lost job can lead to overwhelming
debt and then bankruptcy. Just because you are considering bankruptcy
does not mean that you are a bad person.

Consult a West Houston Bankruptcy Lawyer
At the Law Office of Corey L. Mills, we offer a free consultation to discuss
your financial matter. A bankruptcy attorney at our firm can sit with
you and discuss your particular situation and goals in order to help you
make the decision that will positively affect your future. We represent
clients in Chapter 7 and Chapter 13 bankruptcy proceedings throughout
the Houston metropolitan area in Texas.
If you are facing overwhelming debt and are considering bankruptcy, contact
a West Houston bankruptcy attorney at our firm today.