May
11
My Bankruptcy Tip
Filed Under General
Well this seems like a pretty darn safe venue for me to share my thoughts about what happened to me when I had to declare bankruptcy a few years ago. After all, this is a very anonymous venue. It’s not like I want all of my friends, or especially my coworkers to know that I declared bankruptcy. After all, it is embarrassing. I wouldn’t want anyone to think less of me because I had a financial meltdown that resulted in financial failure. It doesn’t mean that I am a failure as a person. And if you are in the same shoes that I was, you are not a failure either. You will survive, just like I did.
The first thing you need to do is keep a positive attitude. It is normal to feel depressed during this tough time. But don’t let depression consume you. Life goes on. Instead of looking at the negatives, look at the positive side of things: you are kind of getting a “get out of jail free” card here. Once discharged, you get to start with a clean slate.
And nobody really needs to know either. You don’t need to tell your boss. You don’t need to tell your mom. People can’t judge you if they don’t know! It can be your little secret. And here’s a big surprise for you to: a lot of people are keeping bankruptcies a secret! Like I said, you will survive!
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5 Responses to “My Bankruptcy Tip”
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Many people get too wrapped up in the fact that they have “failed” if they go bankrupt. It is just money folks. You just need to learn how to manage your finances better the next time around.
It is so hard in this economy to avoid bankruptcy. I have had countless friend’s business’s go bankrupt.
Many people get a “what have you done for me lately” mentality. This is especially true with credit. Keep your credit clean for a while after a bankruptcy and you will be fine.
If you are having tough financial times these days, you are not alone. We all just need to do what we have to do to keep our heads above water, and if that means declaring bankruptcy, then so what? most of the major corporations in America are folding these days, why should you feel ashamed you are too? Do it, start over, and get somewhere different the next time. That is what life is all about!
It is good to hear that it won’t be the end of the world for me when I have to declare bankruptcy. And you are right, no one really has to know but me and the people immediately involved. That is a relief.