Wipe Out the Holiday Debt Stress With a Bankruptcy Filing

Christmas is a very stressful time of the year but more than that is New Year’s. While people tried to fake their way through the holidays buying gifts they can’t afford for people they only see once a year. Once the new year rolls around, also come the holiday bills with it. When you thought you couldn’t be any more broke in December, you realize that you can when you get a pile of bills you can’t afford to pay. This is a cycle that happens to the majority of middle-class America every year. When we should be enjoying the true meaning of Christmas, we are more worried about going to parties and spending money we don’t have going further in debt. This is when people should really take a hard look at their lives and make the major changes necessary to get out of debt and become debt free. This seems like it might be impossible for most people but sometimes filing bankruptcy might just be what the doctor ordered.

The Christmas season is a tumultuous time and it’s really no surprise that filing for bankruptcy will be a very stressful time. The thing most people don’t consider is the stress they’re already under prior to the bankruptcy filing is probably way worse than the entire legal procedure. It’s like having a surgery, they worry coming up to it, many times, this is way worse for them than the procedure and recovery. People need to consider that these tough times will not last forever and there is a light at the end of the tunnel. Especially if all the debt is going to be wiped out in a Chapter 7 bankruptcy discharge. Sure credit might be a little bit tight initially following the bankruptcy discharge, but even that will return to those who stayed diligent getting their finances back on track. Getting all stressed out about the unknown is foolish because we don’t know what the next day will bring. Live one day at a time and when it gets really bad one hour at a time. My mom used to always tell me 90% of everything you worry about never comes to pass, so why worry.

There are some ways to eliminate stress while you are in the process of a bankruptcy filing. One way is to call your bankruptcy attorney and ask the questions that are bothering you. Many times getting those bankruptcy questions answered will calm your fears and help you sleep better. Another thing is not to dwell on the problems. Sometimes calling a close friend and venting about all your worries will do the trick. If necessary, try taking a walk and clear your head. If you don’t mind exercising, go to the gym for a few hours and exercise. It’s a well-known fact that exercising helps with depression as it sends endorphins to your brain. During this tough time, learn to enjoy music and the outdoors. Sometimes it’s nice to just pick up a book and go sit under a tree and enjoy the beauty of the environment. My dad always used to say when you’re upset go do a chore like washing your car and you will have the feeling of accomplishment in your life.

The bottom line is, worrying only leads to more stress and if you need to file bankruptcy, you can’t get around that, so you’ll need to make the best of it. Sit back and look to the future for the positives of filing bankruptcy like getting a jump start to become debt-free once again. Being debt free has become a lifestyle that people think is old-school. The truth is, it is much better than being buried in debt.

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Chill Out When Filing Bankruptcy

While no one really wants to file for bankruptcy sometimes it’s necessary. To be successful in a bankruptcy filing attention to details is very important. When a bankruptcy attorney tells her client to do something, it’s not an option, just do it. A person should always pay close attention to what they receive in the mail. Typically, when a person is filing for bankruptcy, they might throwaway just about everything that comes in the mail. At that point in time there is no good news that comes in the mail. When a person is filing bankruptcy many times the court will send important information regarding their case. Not opening the mail can possibly cause damage to the case and even risk losing the bankruptcy discharge. There could be a document deficiency sent out that could be easily rectified, but because the mail is not opened it gets overlooked.

The bankruptcy filing isn’t completed overnight and an individual needs to be patient and just chill out. Just because the bankruptcy petition has been filed it doesn’t mean that it is over. The whole process takes 4 to 6 months to file Chapter 7 bankruptcy and around five years for a Chapter 13. Patience is necessary to make sure the individual doesn’t drive the bankruptcy attorney nuts. Coming up to a bankruptcy filing is a terrible time in one’s life. Most people feel the stress of financial failure. Some deal with it better than others, but many completely fall apart. The decision that leads to filing bankruptcy will usually take some time with many financial mistakes along the way. There are many emotions during this time and that’s why in most circumstances it’s best to be represented by a bankruptcy attorney. An experienced bankruptcy attorney will be able to calm the fears of the individual and fend off creditors that continue to harass the individual. After the bankruptcy petition is filed, the person needs to calm down and understand that they are under the power of the automatic stay. All financial attacks will stop and there is no longer any reason to worry about phone calls and letters.

The last thing is to be prepared. Organization is very important to have a successful bankruptcy discharge. For someone that is unorganized it is time to change. The bankruptcy court will require a list of documents to be submitted. They won’t accept a box of papers in no specific order. All the documentation should be organized and submitted in the proper order. Most of the time, a bankruptcy attorney will stop working on a person’s case that is unorganized. They will wait until they gather all the documentation to complete the bankruptcy petition and then file it. People need to remember, the faster they get all the information in, the faster the bankruptcy will be completed.

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