Bankruptcy Myths You Have Options

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Bankruptcy Myths

Bankruptcy Lawyers Debunking Common Myths

Is a misconception about debt relief preventing you from filing for bankruptcy?

The skilled bankruptcy attorneys of The Colpitts Law Firm know how to file for bankruptcy and work hard to explore the bankruptcy myths that prevent many hardworking Americans from seeking the federal protections designed especially for them.

We are eager to debunk the myths that have sprung up around consumer bankruptcy. Our skilled lawyers can listen carefully to your problems, offer comfort for your concerns, and take the embarrassment, stigma, and intimidation out of Chapter 7 or Chapter 13 bankruptcy. We are here to guide you through the legal process in a way that gives you hope for a brighter future.


Contact The Colpitts Law Firm to arrange your free initial consultation. Call us at (918) 302-2662.


When Bankruptcy Is Your Only Option, The Colpitts Law Firm Is Here to Help

There are a lot of misconceptions out there regarding bankruptcy. Many people are not totally aware of what it is, what it entails, and how it can help individuals and families.

We want to bust myths such as:

  • You cannot file for bankruptcy if you have a job
  • You will never be able to keep a state or federal tax refund
  • You will be unable to discharge medical bills, credit card debt, or back taxes during bankruptcy
  • You and your spouse have to file for bankruptcy together
  • Everyone — all of your friends and business associates — will know you have filed for bankruptcy
  • You will lose everything you own during bankruptcy
  • Bankruptcy means you are a personal failure
  • A bankruptcy filing means your credit rating will never be the same again

All of these bankruptcy myths are exactly that — myths. They are not true and our team can tell you why during your free initial consultation. Our team has practiced bankruptcy law for nearly 30 years and has successfully completed thousands of successful bankruptcy filings for individuals and families.

Call The Colpitts Law Firm at (918) 302-2662 today.

The Colpitts Difference

What You Can Expect With Us
  • Thousands of Bankruptcy Cases Handled
  • American Board Certified
  • Extensive Knowledge of Bankruptcy Law
  • Almost Three Decades of Experience

Hear from Clients We've Helped

Client Testimonials
    Very helpful and will keep you informed through the process.

    “Bankruptcy certainly isn't a good thing, but if you ever get to that point Colpitts Law is a great firm. Very helpful and will keep you informed through the process.”

    - Joshua
    Trustworthy attorney.

    “Trustworthy attorney. I retained this law firm after suing my previous attorney. Fast service, and very patient, explained process and details, and answered all my questions and concerns. Definitely ...”

    - Rochelle
    The Colpitts Law Firm has the knowledge and experience to help you make the right decision that works best for you and your family .

    “Look no further if you are considering chapter 7 or chapter 13. The Colpitts law Firm has the knowledge and experience to help you make the right decision that works best for you and your family. They ...”

    - Gino
    These are the people that help you.

    “If you have to go through a bankruptcy, these are the people that help you.”

    - Marcellus
    I have used Mr. Colpitts law firm and they were very professional and caring regarding my issues.

    “I hope that I don't need Mr. Colpitts services again but if I do he will be the one to call.”

    - Robin
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