If you have more personal debt than you can afford, you might consider filing for bankruptcy. However, it is understandable if you feel a little worried about that. With all the misconceptions circulating around bankruptcy, it is no wonder that the thought of bankruptcy makes many feel uneasy.
Yet those worries are probably nothing compared to the concerns you have had for the past however many months or years that you have struggled with debt. If bankruptcy is the right option for you, getting past your filing concerns is the best way to stop those bigger worries.
Why worrying about money is bad for you
Financial worries can quickly become overwhelming and even insurmountable. Think about how your debt makes you feel and how it affects your life. Here are some typical symptoms that people experience:
- Trouble sleeping, leading to fatigue throughout the day
- Increased arguments with partners about spending that lead to a deterioration in your relationship
- Decreased motivation as you begin to feel that nothing you can do will free you from the debt
- Spending more on things you cannot afford to try and make yourself feel better for a moment
- Feelings of guilt about what you have just spent, and feeling even more guilty if you have a partner you feel you must hide it from
- Headaches, lower back pain or other physical symptoms
- Loss of appetite
- Increased substance abuse
Debt can destroy your health if you let it. Getting legal help to learn more about filing for bankruptcy could be your first step toward a healthier future.