When I meet with clients I often hear the phrase, “I am embarrassed I have to file bankruptcy”. The truth of the matter is no one wants to be the position where they are asking for help, but we all find ourselves in that position at some point. We may not all need the same type of help, but at some point everyone has to rely on someone else. There is no shame in needing help. Bankruptcy is a legal way for individuals to get the help they need. There are unforeseen and sometimes foreseen circumstance that individuals can find themselves in that are just insurmountable.
It is easy, when you find yourself in a situation of overwhelming debt, to feel alone and isolated. But there are many individuals who have found themselves in the same predicament, and have found relief using the bankruptcy process. The negative stigma surrounding filing bankruptcy makes no sense. This is a legal process for individual to receive help. Life should not be about dodging creditor phone calls, having constant fear of being sued or garnished, or staying up at night worrying about how to pay your bills.
Bankruptcy filings are public, but for most people their bankruptcy filing will go unnoticed by their friends and family members. Chances are you know one or more individuals that have filed for bankruptcy but have never told you.
The process is available to debtors because paying the minimum payment on your credit cards with a 30% interest rate will never alleviate you of that debt, because no one can afford a $100,000 hospital bill for a sick child, because no one can predict that you would not be able to find a job for 3 years, because you did not foresee that your ex-partner would fraudulently use your credit cards and because everyone needs help at some point.
CALL NOW FOR A FREE STRATEGY SESSION FROM A MN BANKRUPTCY LAWYER AT KAIN & SCOTT
There are lots of things in this world to be embarrassed about, but filing bankruptcy is not one of them. Remember many individuals have been in the same position. There is no shame in asking for help. Contact the attorneys at Kain and Scott and see us at www.kainscott.com. You will be glad you did!
