Surviving the Emotional Effects of Bankruptcy
A debtor considering bankruptcy must bear in mind that a bankruptcy stays on his or her credit report for up to 10 years, which can potentially make it difficult to get future credit. A debtor should also keep in mind that some debts must still be paid even if he or she files for bankruptcy. Accordingly, it is essential to contact an experienced bankruptcy attorney before making potentially life-altering financial decisions.
Bankruptcy Law Information Center
At the law offices of Stamps & Stamps, Attorneys at Law, we believe in handling your bankruptcy case the right way, right from the start. Our founding lawyer's son, Eric Stamps, focuses primarily on debt-relief and bankruptcy legal matters. He offers a free initial consultation in which you can ask questions and get them answered knowledgeably in language that you can understand. You can learn of potential legal options to get out of debt. Our goal is nothing less than to help you resolve your debt problems so that you can have a brighter future.
Call 937-410-0378 or 888-435-0085 or e-mail our Dayton, Ohio, offices today for a free personal consultation focused helping you overcome your financial challenges and getting back on the path to financial stability.
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We are a debt-relief law firm that cares about our clients and puts their needs first. At Stamps & Stamps, Attorneys at Law, bankruptcy lawyer Eric Stamps will listen carefully to your needs and concerns, answer your questions, and help you gain a clear understanding of your debt-relief options.
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Our law firm's comprehensive bankruptcy legal services have helped thousands of people resolve their debt problems, stop foreclosure, prevent repossession and end creditor harassment. We are committed to helping people get back on the road to financial freedom, and we are optimistic that we can help you.
Call 937-410-0378 or 888-435-0085 or contact us online for your free initial consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
Surviving the Emotional Effects of Bankruptcy
No matter what circumstances ultimately led to filing bankruptcy, both the practical and the emotional impact on the debtor will be enormous. Confronting the emotional and psychological issues surrounding bankruptcy and reaching an understanding and acceptance of the situation are essential to rebuilding and maintaining a successful financial life. The experienced bankruptcy attorneys at Stamps & Stamps, Attorneys at Law in Dayton, Ohio, can guide a debtor through the complicated legal, financial and emotional maze of bankruptcy and steer him or her in the right direction for the future.
Filing bankruptcy can, without a doubt, stir up many negative emotions. The debtor's sense of self-worth is often closely tied to his or her financial circumstances. Loss of money can be experienced as a loss of identity, self-esteem and confidence. We live in a society in which image is seemingly bought through possessions. Money can be viewed as a powerful currency not only in a purely economic sense, but also in relationships and thus a real or perceived loss of interpersonal power can ensue when bankruptcy is filed.
Understanding these emotions can help disentangle the practical realities of money from the possibly destructive or limiting emotional response to bankruptcy.
At times of significant loss, people tend to feel that their entire foundation has been shaken and that their most fundamental sense of security has been disrupted. They question their trust in themselves, in others and in the world at large. Although it may be natural for many to bury these frightening emotions, bringing core insecurities to a conscious level can actually reduce fear and the feeling of being out-of-control, which enables individuals to start tackling their situations constructively. In addition, the counsel of a seasoned bankruptcy attorney at Stamps & Stamps, Attorneys at Law in Dayton, Ohio, can see a debtor through the tough times and guide him or her to a brighter financial future.
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