Being bankrupt to the point that you may lose your home is one of the most stressful things that can happen to you. It is one of the rare issues that can cause divorce among otherwise happy couples and strife within the family. Now is the time to work on your stress management skills. At the end of the day, your family is more important than any financial situation. Here are some tips to help you get through your bankruptcy as emotionally unscathed as possible.
1. Put in effort to improve the situation. Now is not the time to give up on yourself or your family. If you are unemployed, keep looking for work. If you are worried about spending too much money, reel yourself in. Your family wants to see you put in some effort right now.
2. Don’t say things that you can’t take back if you and your spouse argue over money. Arguments over money are common during bankruptcy filings, but you should never let it get out of control. At the end of the day, the amount of money in your bank account will eventually change, but what you said to one another while you were bankrupt will be remembered forever.
3. Remind yourself that there is no shame in bankruptcy. Many people view bankruptcy as a fresh start. It’s important for you and your family to look at your need to file for bankruptcy protection as recognizing a problem and implementing a solution. Taking responsibility for yourself is nothing to be ashamed about.
4. Try your best to focus on the positives and to keep good times alive. You don’t need a lot of money to have fun, and this is something you need to remember while going through bankruptcy. A positive outlook will help you get through things.
5. Focus on a solution to your problems instead of the problems themselves. Both spouses should work on figuring out solutions to the problem of making ends meet while they are going through bankruptcy. It doesn’t only fall on one person. The more you work together, the more solutions will present themselves.
Bankruptcy law is highly complex. Don’t try to navigate this alone. Contact skilled bankruptcy lawyer Joel R. Spivack, Esq. for sound legal advice. He will be with you every step of the way.