Avoid an Emotional Breakdown after Going Bankrupt
Bankruptcy is not an ideal situation for anyone because it puts a person through emotional turmoil. Many people still believe that declaring bankruptcy is the best option when you are broke and under massive debt. This may be true for some people that file for Chapter 13 bankruptcy, as it gives you time to repay your debts and consult with a lawyer to design a strong plan. However, commonly the people who file for Chapter 7 bankruptcy find themselves in a miserable and emotionally destructive state.
Get Professional Help
Chris Davis from Davis & Davis, PLLC, is an experienced lawyer who has helped many individuals deal with the emotional stress that comes with bankruptcy. Consulting him for better decisions while you are unable to think clearly is the best option. He also provides counseling to individuals and helps them get on to a debt repayment plan that works.
Many people think of bankruptcy attorneys as money making figures. That’s not always true, especially for lawyer Chris Davis. Apart from bankruptcy, he deals in a number of other categories including will and trust, personal injury claims, student loan, and much more.
By declaring bankruptcy, individuals destroy their credit score, put their assets at risk, and much more. This is not an easy decision for most individuals as they have to go through a lot of stress and embarrassment. Many people worsen the situation by not hiring or consulting with a bankruptcy lawyer which can save their assets and turn their image in the eyes of family and friends.
If you have already declared bankruptcy, don’t wait for things to worsen but immediately opt for an attorney. Do not misunderstand the duty of an attorney. Chris Davis is an example for individuals that assume that lawyers will only be responsible for handling legal issues. Chris Davis himself sets up meetings with clients and the ones that are emotionally broken get counseling before the actual repayment plan. Once the client is out of his/her emotional state, he then conducts meeting for a debt repayment plan.
Just like your therapist would talk you through things and make you feel better, a bankruptcy attorney is a person that would do the same for you. Of course, people that are broke and have a fear of losing all their assets in the name of bankruptcy will react to the situation. This stress often gets the best of people and makes them weaker. Such people lose hope and give-up trying. A bankruptcy lawyer will be extremely helpful in this case as well.
People that are on their way to a financial crisis must begin to prepare to face it. If you want to stabilize your finances, make sure you opt for Davis & Davis firm that will have solution to all your problems.