Only those who ride understand what it is like to own, maintain, and ride a motorcycle. So I will make no attempt to explain it here. Those who own motorcycles are particularly interested in keeping their vehicles, even when they find themselves in a financial bind.
There are many myths about bankruptcy. Many of my potential clients have been scared into thinking that they will lose everything they own and never be able to get credit if they file for bankruptcy.
Here at Steidl & Steinberg, we go out of our way to explain to our clients that they will not lose their property when filing for bankruptcy and they will be able to rebuild their credit afterward. Despite all of our assurances, the fear that myths have instilled in our clients will rarely cause someone to withhold information about assets and debts.