Bankruptcy Information
Chapter 7 bankruptcy and Chapter 13 bankruptcy offer different forms of protection. If you’re facing a financial crisis, a local bankruptcy attorney can help you determine whether Chapter 7 bankruptcy or Chapter 13 bankruptcy might be the right answer for you.
Generally speaking, Chapter 7 bankruptcy is intended to wipe the slate clean by discharging unsecured debt—debts like credit card debt, medical bills, and unsecured loans. Chapter 13 bankruptcy, on the other hand, is intended to give a debtor time to catch up past due payments over a period of 3-5 years, while keeping secured property like houses and cars.
Just complete this form & let Bankruptcy.me connect you with a bankruptcy attorney near you.In our society today, our material worth has become closely bound to our sense of self-worth. Therefore, filing for bankruptcy often leads to feelings of failure, distrust of ourselves, others, and the world around us. Bankruptcy may seem like the end of life, a great, black void from which there is not escape. However, bankruptcy can actually be a fresh beginning, a cleansing of old sorrows and the beginning of a new, perhaps less fettered life. Flint bankruptcy lawyers can offer you not only responsible services, but also sage advice on getting through the process.
Songwriters seem enamored of the phrase “sweet surrender”, and for good reason. Surrendering to the inevitable is a fact of life on various levels. Yoga practitioners use the imagery of a leaf on a river to represent how to incorporate this concept into life skills. And while this idea may seem silly while you’re slogging your way through the stack of forms and piles of papers, keep this principle in mind.
Find new goals as the bankruptcy process grinds forward and work toward them. Some ideas are:
• Learn from your experience. Make new plans for financial security in the future. Bankruptcy lawyers from Flint have resources and ideas on how to more forward.
• Learn to separate your self worth from your financial worth. Remember the old adage, “It’s only money.” Because, it really is.
• Revel in learning to live on less. Make thriftiness a game, of sorts. Challenge yourself to find new ways to be “cheap.”
• Allow yourself to experience the feelings of loss, anger, sorrow and frustration, and then put them behind you.
• Live in reality. Appreciate the new sense of control as the bankruptcy process moves forward and your new freedom is revealed.
Flint bankruptcy lawyers can help you plan for all the advice listed above. Money is a powerful currency, not just in purchasing power, but as an emotional leverage in relationships, and the loss of that advantage will take some introspection to replace with healthier tools. Find constructive ways to deal with your situation and remember that life does go on.
