Jump to Navigation

Surviving the Emotional Effects of Bankruptcy

Mounting bills can put stress on any family's budget, but when there isn't enough income coming in to pay off those debts, late bill payments are inevitable. If you find yourself facing insurmountable debt and bankruptcy appears to be your only option, contactan experienced bankruptcy attorney to discuss your options.

Tennessee Bankruptcy Lawyer

If you are struggling with debts you no longer can afford to pay, it may be time to speak with an attorney about bankruptcy. To speak with a Tennessee bankruptcy lawyer, contact the law offices of attorneys Phillip M. George, Berry A. Foster and Jason N. King.

Call 866-383-0867 to contact our law offices in Smyrna, Tennessee. We offer a free and informative consultation to discuss your financial situation.

Thank you for contacting Phillip M. George. Your message has been sent.

Call us now

or use the form below.

A Chapter 13 bankruptcy may allow you to protect your home from foreclosure. To learn more, contact an Tennessee bankruptcy lawyer at 866-383-0867.

A Chapter 13 bankruptcy can help you put a stop to the endless collection calls and harassing collection letters. If you are sick of creditor harassment and the burden of unmanageable debt, contact the law offices of attorneys Phillip M. George, Berry A. Foster and Jason N. King.

Surviving the Emotional Effects of Bankruptcy

No matter what circumstances ultimately led to filing bankruptcy, both the practical and the emotional impact on the debtor will be enormous. Confronting the emotional and psychological issues surrounding bankruptcy and reaching an understanding and acceptance of the situation are essential to rebuilding and maintaining a successful financial life. The experienced bankruptcy attorneys at Phillip M. George in Smyrna, Tennessee, can guide a debtor through the complicated legal, financial and emotional maze of bankruptcy and steer him or her in the right direction for the future.

Filing bankruptcy can, without a doubt, stir up many negative emotions. The debtor's sense of self-worth is often closely tied to his or her financial circumstances. Loss of money can be experienced as a loss of identity, self-esteem and confidence. We live in a society in which image is seemingly bought through possessions. Money can be viewed as a powerful currency not only in a purely economic sense, but also in relationships and thus a real or perceived loss of interpersonal power can ensue when bankruptcy is filed.

Understanding these emotions can help disentangle the practical realities of money from the possibly destructive or limiting emotional response to bankruptcy.

At times of significant loss, people tend to feel that their entire foundation has been shaken and that their most fundamental sense of security has been disrupted. They question their trust in themselves, in others and in the world at large. Although it may be natural for many to bury these frightening emotions, bringing core insecurities to a conscious level can actually reduce fear and the feeling of being out-of-control, which enables individuals to start tackling their situations constructively. In addition, the counsel of a seasoned bankruptcy attorney at Phillip M. George in Smyrna, Tennessee, can see a debtor through the tough times and guide him or her to a brighter financial future.

Copyright ©2009 FindLaw, a Thomson Business

DISCLAIMER: This site and any information contained herein are intended for informational purposes only and should not be construed as legal advice. Seek competent legal counsel for advice on any legal matter.

Back to Main

Office Location

Phillip M. George, Berry A. Foster, Jason N. King, Attorneys at Law
511 Enon Springs Road East
Smyrna, TN 37167
Map and Directions

Local: 615-751-6793
Toll Free: 866-383-0867
Fax: 615-459-7727