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Married couples must both file
One major misconception about bankruptcy is that married couples must file together when one spouse needs bankruptcy protection. While there may be some complications for married filers, these situations generally do not apply in many cases.
All debt is discharged
Another misconception about bankruptcy petitions is that all debt will be discharged. This is also a myth because there are certain debts that cannot be discharged for any reason. Most discharged debt is done through a Chapter 7 filing that can also require the trustee to sell non-exempt property.
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