Drowning in debt can affect your whole life, from your job to your personal relationships. A bankruptcy can alleviate some of the strain, and knowing what to expect before the process begins can calm you even further. The bankruptcy details described here will inform you about what this process could mean for your present and future.
1. Realize Bankruptcy May Not Erase All Debt
A common misconception from people unfamiliar with bankruptcy is that once you've filed the papers, all your debt is gone.