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Filing for bankruptcy offers a way out for Americans drowning in debts they can't repay, but many people hesitate because of incorrect information they receive from family or friends. To ease your mind and help make the benefits clearer, O'Neill Law Firm, a bankruptcy attorney in La Crosse, WI, would like to clear up a few of the most common myths and misconceptions regarding bankruptcy.

For instance, you may have heard:

  • Your Bankruptcy Will Be Publicized: Long ago, bankruptcy filings were published in local newspapers as a means of notifying creditors, but this practice has been abandoned. Your bankruptcy may be a matter of public record, but notices won't appear in newspapers, magazines, or the internet.
  • Bankruptcy AttorneyYou'll Never Be Able To Get Credit Again: Many people refrain from taking advantage of the benefits bankruptcy offers because they worry about the damage to their credit report. In actuality, filing can discharge the debts that are dragging your score down and give you the chance to start over.
  • You Can Easily File Yourself: While you're allowed to file for bankruptcy protection on your own, it's almost always better to have a bankruptcy attorney handle it for you. The O'Neill Law Firm's team will make sure that all of your eligible debts are included and that you keep as much of your property as possible. Their expertise will also help you avoid common mistakes that can cause frustrating delays or even the rejection of your case..

Whether you need a bankruptcy attorney or a skilled divorce lawyer, the O'Neill Law Firm has the legal services and dedication to help you achieve your goals. They pride themselves on handling a diverse variety of cases and providing individualized attention to every client. Visit the O'Neill Law Firm online to learn more, or just call (608) 519-3551 to schedule a consultation with a bankruptcy and divorce attorney today.

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