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Best Chapter 7 & 13 Bankruptcy Attorney Reveals 5 Common Misconceptions About Filing for Bankruptcy – Pittsburgh, PA

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Top bankruptcy attorney Bryan P. Keenan, founder of Bryan P. Keenan, P.C. in Pittsburgh, PA, revealed 5 widespread misconceptions surrounding bankruptcy. For more information please visit

Pittsburgh, PA, United States – January 29, 2019 /MM-REB/

In a recent interview, top bankruptcy attorney Bryan P. Keenan, founder of Bryan P. Keenan, P.C. in Pittsburgh, PA, revealed 5 misconceptions about bankruptcy. For more information please visit

When asked to comment, he said, “There are several bankruptcy misconceptions in circulation, something that often hinders people in debt from filing. However, the reality is that the benefits of bankruptcy often outweigh the costs.”

One of the most prevalent misconceptions is that the process of declaring bankruptcy is stressful.

“Many incorrectly assume that going through the bankruptcy process will upend their lives. In fact, the opposite is true, and bankruptcy offers the chance for filers to restore their lives by wiping the debt slate clean and being able to pay bills on time and build savings,” he said.

Another misconception is that people can file for bankruptcy only once.

When asked to elaborate, Keenan commented, “There are a couple of variables involved in whether or not someone can declare bankruptcy again such as the type of bankruptcy filed and the outcome of said case. If these two things are in your favor, then you can immediately declare again after filing.”

Many put filing for bankruptcy on the backburner because they incorrectly believe their spouse will have to file as well.

“The bankruptcy code does not require married couple to file a bankruptcy together. However, in some instances this may be the most logical thing to do if both partners’ are jointly obligated to pay the debt.

Keenan added that there are benefits for joint filing such as savings on court fees and attorney costs.

An additional widespread misconception is that going bankrupt cannot legally stop collection activities.

“The opposite is true. In fact, the automatic stay that is put on an account as soon as declaring is one of the biggest benefits of bankruptcy. The automatic stay will immediately stop all creditors from trying to collect, including actions such as lawsuits, incessant phone calls, wage garnishments, and foreclosure.” Many are under the false impression that declaring bankruptcy won’t clear away unpaid taxes.

When asked to explain, Keenan said, “It’s possible that filing for bankruptcy could wipe away some old taxes, particularly sales or income taxes that are more than three years old.”


Contact Info:
Name: Bryan Keenan
Organization: Bryan P. Keenan & Associates
Address: 993 Greentree Rd #101, Pittsburgh, PA 15220, USA
Phone: 412-922-5116

Source: MM-REB

Release ID: 477019

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