Often when someone considers filing for bankruptcy relief, they feel ashamed or feel as if it is somehow their fault.  Bankruptcy is often the result of a loss of income due to losing a job, the loss of a spouse or a prolonged medical issue but a debtor may still feel as if filing bankruptcy is something to bad. However, bankruptcy is a positive step in dealing with financial problems and a better alternative than ignoring your financial situation.  In most cases, bankruptcy actually helps a person feel better about their situation.

To find out more about dealing with the emotional fallout from bankruptcy read, “Surviving the Emotional Effects of Bankruptcy.”