I know how you’re feeling right now. Overwhelmed doesn’t even cover it. Anxiety, sleepless nights, accompanied with the return of that childhood nail biting habit you thought you had conquered…yes, I noticed.
Stop. You need to realize, this is not permanent. Think of it as a blip on your financial radar. A pretty irritating blip, but a blip nonetheless. Why do I say that? Because – and did I mention – this is not permanent.
You won’t lose all your assets. In Chapter 13 bankruptcies, the courts have no right to take and sell your assets, given that you establish some kind of repayment plan over the span of a few years to repay all that you owe. And most Chapter 7 filings are ‘no asset’ cases. So, in both instances, all those hours you spent making your house a home will not have been in vain.
And did you know, federal law prevents against discrimination towards those who have filed for bankruptcy? So you can clear that worry out of your head right now. You will still be employable, and will once again be able to work, earn, save, and live.
You won’t have bad credit forever. And…you can still have access to credit after you file. After-bankruptcy tools and resources are available in abundance to help you repair and rebuild your credit to help you back on your feet again. Take a look at Start Fresh Today Plus to give yourself a head-start. Isn’t that comforting? Almost as soothing as the feeling of drinking a hot chocolate on an ice cold day.
Let’s add a few marshmallows in there too, to sweeten the deal: Your slate is being wiped clean! In Chapter 7 bankruptcy, most – if not all – your debts are cancelled, and are even used to pay your creditors. You are starting fresh. Bankruptcy can also prevent foreclosures and repossession of your property and belongings, debt collection harassment and wage garnishments.
And you know what is even more heart-warming? There is a great company available to help you through bankruptcy. They offer both the Credit Counseling and Debtor Education courses needed to complete your filing. Write this down and look them up: Affordable Bankruptcy Courses. Visit their site now to kick-start your journey towards financial freedom.
And…stop stressing. Start living.
Your Future Self.
P.S. The hot chocolate was delicious.