If you are facing financial struggles and you are considering filing a Chapter 7, Chapter 11, or Chapter 13 bankruptcy, it is normal to feel some apprehension or guilt. However, it is important that you don’t let these feelings prevent you from obtaining the debt relief you and your family need and deserve. The stress of living with overwhelming debt can negatively impact your marriage, your health and your family’s stability. Seeking bankruptcy protection can help you eliminate the debt and protect the things that matter most to you.
Whether you made poor financial decisions or you faced negative events that were completely out of your control, you deserve a second chance. The purpose of filing a bankruptcy case is to get a “fresh start.” There is no shame in seeking help when you need it, and you might be surprised at how many people you know that have already done it themselves.
If you are worried about what your children or your friends might think, the reality is that most people will never know you filed a personal bankruptcy. Only parties you owe money to will be given notice of your filing. When it comes to discussing it with your kids, it is the perfect opportunity to teach them that you believe in repaying your debts, but you also believe in getting help when you are unable to handle matters on your own. Your family can have open discussions about finances and work together to make responsible decisions going forward.
Filing for bankruptcy does not fix your finances for the rest of your life. It provides you a new start by allowing you to eliminate debt, but you must still work hard in the future to make the most of your second chance. It is important to make rebuilding your credit a priority and to learn from any past mistakes that were made. Let us help you get your financial life back on track.
Please keep in mind that every bankruptcy matter is different. If you are considering filing for bankruptcy protection, and you would like to schedule a no-cost consultation to discuss your options, please contact our office by completing the form on this website or calling us at (954) 932-5377