There are many myths that people perpetuate regarding filing for bankruptcy. I have already addressed some of them with you in earlier blogs. For example, the idea that filing for bankruptcy is something that will rob you of your peace of mind and cause stress in your marriage. Quite the opposite is true, since once you have filed there will be an automatic stay which will stop all of those threatening calls and letters. Eliminating this pressure alone can help remove stress from your marriage. There can be no threat of wage garnishment or lawsuits, and collection agencies are silenced. Knowing this will certainly enhance your peace of mind.

Another myth that has been prevalent lately, that I want to address, is the notion that filing bankruptcy will affect your employment record. Yes, some employers may do a credit check and ask if you have ever filed bankruptcy. But they cannot legally deny you a job because you have filed for bankruptcy. It is also illegal to fire an employee because he or she filed for bankruptcy. And keep in mind that many business people understand that bankruptcy may be a wise and necessary option in order to recover from a financial crisis. The bottom line is that there is really no stigma associated with filing for bankruptcy.

If you are trying to make decisions related to filing bankruptcy and live in Denver, Aurora, Arvada, Brighton, Broomfield, Commerce City, Englewood, Golden, Highlands Ranch, Lakewood, Lafayette, Littleton, Northglenn, Westminster, Wheat Ridge, Colorado, please contact me with any questions. Kevin D. Heupel, Colorado Bankruptcy Attorney, 303-955- 7570, COBankruptcyHelpEmail, free-consultation form