In the article the CBC explores the facts and myths behind the following questions many people have about filing bankruptcy to eliminate debt problems:
Will I lose everything if I file for bankruptcy?
Will my friends, family and employers find out I went bankrupt?
How many people in Canada actually file for bankruptcy?
What happens to my credit rating if I file for bankruptcy?
Does bankruptcy erase all of my debts?
How much does it cost to go bankrupt?
If I file bankruptcy, will I be ever be able to get a credit card or line of credit again?
What will happen to my spouse’s credit rating if I go bankrupt?
How serious is filing for bankruptcy?
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