ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Bankruptcy And Your Emotions

Updated on March 14, 2013

What many people do not realize when they consider filing for bankruptcy is that there is a great deal of emotional stress and trauma that comes along with it. There are so many emotions you will experience during this process it can be hard to keep your mind clear and understand the process while it is happening. The term bankruptcy has always had a negative stigma attached to it and this for many people is enough to feel ashamed and embarrassed along with many other negative emotions.

The very first thing you may feel is failure. The truth about bankruptcy is that you have not failed. It will not make you feel better to know that thousands of other people are going through the same emotions but you should consider the circumstances. As long as you honestly know that you did everything you could to prevent it. Today there are so many factors working against the middle class there are only so many other options especially if you have lost your job and struggling to pay your bills. These emotional stresses can really take a toll on your health and everyday life.

This is why it is so important to look past the hard times and see that you are about to begin a new financial life; a clean slate. This should boost your spirits and you should be proud of all you have done to prevent this and what you have learned. This is the key to a successful bankruptcy; making sure you learn from your past choices. Don’t consider them as mistakes; just acknowledge that you can make different choices this time around and most past bankruptcy.

There are so many pitfalls in our world today that are easy to come across in our daily lives, but filing for bankruptcy you have to be conscious of these pitfalls and avoid them the second time around. Pay attention to the bankruptcy system and learn from it don’t become blinded by your emotions of fear and shame.

Professionals will tell you to speak openly to someone about your troubles, everyone knows the dangers of holding in strong emotions and for the sake of your health and the choices to be made in the near future, clear your head of anger and frustration for good. Once you get rid of these negative emotions you will find it easier to see clearly and see where you may have gone wrong in the past.

It is nearly impossible to survive a bankruptcy with success if you do not acknowledge the natural emotions that come with it. Don’t go into denial this will only harm you more than it will hurt you. Be honest and up front about your situation and you will find moving on to be much easier. You can start off a new financial life with more education you had the first time around; there is nothing better than a fresh start like this. Accept bankruptcy and move on to better things.

Comments

    0 of 8192 characters used
    Post Comment

    No comments yet.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)