Don’t be embarrassed by bankruptcy. Many, if not most, people who have serious financial problems are embarrassed by those problems, but they are even more embarrassed by considering bankruptcy as a solution. However, you should not be embarrassed by using bankruptcy to fix your financial problems.
It is completely understandable that you are embarrassed because you can’t pay your debts, because you feel like you have failed in making good on your promises to pay your creditors. In addition, the people to whom you owe most or all of the money constantly try to make you feel guilty for not paying them.
But guess what? Many famous people, most of whom have made a lot of money, have filed bankruptcy: Abraham Lincoln, MC Hammer, Michael Jackson, Kim Basinger, Mark Twain, Mike Tyson, Willie Nelson, Walt Disney, Nicholas Cage, Donald Trump, Cyndi Lauper, Wesley Snipes, and Gary Busey all filed bankruptcy at least once. None of them let embarrassment keep them from using the financial tool called bankruptcy to solve their financial problems.
Regardless of how honest and hard-working you are, financial problems can overwhelm you, and bankruptcy can be a very good solution. It can also be the best alternative when the other ones are being successfully sued and having your wages garnished, money taken out of your bank account, and/or a lien put on your house.
If you are having a hard time paying your bills and/or facing foreclosure or repossession, contact a bankruptcy attorney now for a free consultation. You can get rid of your debts and usually keep your home, car, money, and other possessions, and you don’t need to feel embarrassed because you used bankruptcy to do it.