22 Jun Common Misconceptions?
There are several common misconceptions that many people have when it comes to debt. Some of the most popular misunderstandings are:
- Co-signers- yes, co-signers are affected, unless they file a Proposal or Bankruptcy also;
- Spouses- no, spouses are not affected by their partner’s debts UNLESS they co-sign them;
- Bankruptcy- lasts seven (7) years? No, that is the credit bureau duration IF you are a 1st time bankrupt only.
As you can imagine, there are many other issues that can cause misunderstanding, and we would be happy to help sort them out for you-the initial meeting is FREE