A debtor considering bankruptcy must bear in mind that a bankruptcy stays on his or her credit report for up to 10 years, which can potentially make it difficult to get future credit. A debtor should also keep in mind that some debts must still be paid even if he or she files for bankruptcy. Accordingly, it is essential to contact an experienced bankruptcy attorney before making potentially life-altering financial decisions.
Additional Bankruptcy Law Information
Austin, Texas, bankruptcy attorney Robert W. Berry has been helping individuals and business owners find their way back to sound financial footing for more than 14 years.
For a free initial consultation, call 512-501-1948 or 888-893-5886.
Read more about filing for bankruptcy below.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
Thank you for contacting Robert W. Berry, Attorney at Law. Your message has been sent.
Call us now
or use the form below.
I offer each potential client a free initial consultation, which is an opportunity for you to get information about bankruptcy law and general guidance on the next steps you should consider to find your way out of debt.
It is rewarding for me to be able to help my clients overcome their debt troubles. Call to talk to lawyer Robert W. Berry about your particular situation and your concerns related to foreclosure, credit card debt, medical debt, student loans, business financial problems or other financial matters today: 512-501-1948 or 888-893-5886
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 Robert W. Berry, Attorney at Law in Austin, Texas, 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 Robert W. Berry, Attorney at Law in Austin, Texas, 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.
