Filing for bankruptcy may feel like accepting defeat, but there’s a reason this process is available. Working with a bankruptcy lawyer helps you find debt relief by legal means, allowing you to move forward from financial issues and toward a greater sense of stability. Here’s why embarrassment should never hold you back from pursuing this solution.

Why You Should Never Be Ashamed of Filing for Bankruptcy

1. It’s More Common Than You Think

Hundreds of thousands of people file for bankruptcy each year, making it much more common than people realize. At its all-time high in 2005, bankruptcy occurred in 1 out of every 55 households. While experiencing a financial crisis can feel isolating, remember you’re not alone, and many others have been in your situation.

2. It Can Happen to Anyone

Bankruptcy lawyers often work with clients whose financial troubles result from circumstances beyond their control. In the majority of cases, medical conditions are the cause of debt. This includes losing work due to illness or injury, coupled with climbing medical bills. Additional factors such as market changes, divorce, and long periods of unemployment can also contribute.

3. No One Has to Know

It may feel as if filing for bankruptcy will suddenly change your reputation, but the truth is you don’t have to tell anyone. Unless you owe money to family members, those closest to you don’t need to know. Your bankruptcy lawyer, the courts, and creditors are the only parties with information about your finances — no notices are broadcast regarding your decision to file.

If you’re facing financial difficulties and seek a trusted bankruptcy lawyer to help you navigate this challenging time, allow Padgett & Robertson, Attorneys at Law to help. Serving Southern Alabama, these lawyers provide free consultations and have been helping local clients pursue debt relief since the 1970s. Find out how they can help you file for bankruptcy by visiting their website and call (251) 342-0264 to schedule an appointment.