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Emotions of Bankruptcy

Does filing for bankruptcy make you feel like a failure?

Typically, when people file for bankruptcy, they often feel like they have failed. Shame is a common emotion experienced by individuals who are struggling financially and need to file for bankruptcy. We understand the embarrassment and stress that individuals feel when they declare bankruptcy, which is why we offer compassionate representation.

If you could pay your debts, we know that you would. You can let go of these negative emotions. As you face this difficult situation, you can trust in the legal guidance of our Bedford bankruptcy attorney. We can provide you with the resources necessary to successfully navigate the process. The process is long and often complex, which is why you can benefit from having a compassionate and knowledgeable lawyer by your side.

It is important to understand that debt does not equate to failure. We live in a world where famous individuals and large companies are constantly filing for bankruptcy to keep their heads above the water. At one point, even Walt Disney filed for bankruptcy. The bankruptcy code is provided to offer consumers a beneficial gateway to financial freedom. When you pursue bankruptcy, you should make this decision based on financial need, rather than emotion.

As you deal with the emotional toll of bankruptcy, you can look to the future and know that there is hope ahead. The road in front of you will likely be difficult, but the knowledgeable counsel of our Bedford bankruptcy lawyer can help you successfully complete the process so that you come out stronger than ever.

Recovering from the Emotional Toll of Bankruptcy

Many of our clients have been taught that bankruptcy is a sign of failure and that it should be avoided at all costs. We help our clients avoid bankruptcy when possible by using alternative methods of debt relief; however, there are many benefits of bankruptcy as well. As you navigate the process, you should focus on the positive, have courage, and take solace in the financial control that you will gain when the process is all finished. Put forth every effort to make a new plan for the future so that you can avoid having to file for bankruptcy again. You can use your negative emotions concerning bankruptcy to develop a new outlook on life.

The experience of bankruptcy can be a learning tool. Although most bankruptcies stem from situations outside of the debtor's control, any financial mistake made can be learned from and avoided in the future. The outcome of bankruptcy is dependent on how an individual is able to craft a plan for financial relief. At The Law Office of Mark B. French, we are devoted to helping clients navigate their cases and understand their emotions. For many, the process is painful, but it can be a positive experience when the whole picture is put into perspective. Contact us today for the legal guidance you need during this emotionally challenging time of your life.