Accepting the state of your finances and deciding to file for bankruptcy requires both humility and bravery. Once the process begins, you’ll be confronted with a whole new set of emotional and mental obstacles. If you’re considering reaching out to a bankruptcy law professional and are hoping to handle your stress in a healthy way, use the following advice to your advantage.

3 Tips for Handling Stress During a Bankruptcy

1. Focus on Feeling Better

Financial struggles can have a direct effect on your mental health, which can also influence your physical well-being. For example, all that stress and anxiety can manifest as knots in your shoulder muscles. While a spa day might not be affordable, take time to go for a run—which will release happiness-inducing endorphins—and loosen muscle tension afterward with a hot bath. Just a few hours of “me time” every week could help you feel grounded and prepared for the road ahead.

2. Share Your Situation

You’re not alone in choosing bankruptcy as a debt relief option— in fact, there were over 773,361 filings in 2019. Therefore, you might find comfort in speaking out about your situation. Confide in your closest friends and family members, and find out if they know anyone who went through the process. If you’re able, reach out to a therapist who will listen without judgment. When you can talk openly about your challenges and the way they’ve made you feel, you’ll understand how common bankruptcy is and be more prepared to work through the obstacles to come. 

3. Consider Your Future

While the present might seem complicated, you can find comfort in fantasizing about your financial future. Ask yourself what you’ll do when all that credit card debt is no longer weighing on your shoulders. If you’re unsure how to start fresh, make plans to speak with a financial advisor or bankruptcy law professional. They can recommend ways to rebuild your credit as soon as possible, such as opening a secured credit card. You can manage present stresses by making plans to save money for specific goals in the years to come, such as taking a trip abroad or buying a home. 

If you’re considering filing for bankruptcy, Ray T. Kennington, Attorney At Law, knows just how to help. This Ozark, AL, lawyer and his highly skilled team have been serving clients since 1982 whether they’re seeking Chapter 7 or Chapter 13 bankruptcy. In addition to bankruptcy law, he also works in Social Security and family law. To learn more about his continuing education practices or to schedule a consultation, call (334) 445-1200. Visit the website to view a list of practice areas.