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Showing posts from August, 2013

Life After Bankruptcy

Everyone knows that life after bankruptcy can be stressful, but it is important that those who are considering filing for bankruptcy realize that this is not the end of the road for them. Bankruptcy always gets a bad rap as being a financial last option, but, in reality, more people filed for bankruptcy in the past decade than ever before, and recovery is more than possible.

               A helpful article from Daily Finance includes a list providing readers with the “5 Steps to Rebuilding your Credit, Finances and Emotions” after bankruptcy.  It’s worse a quick look, including these recommendations:

“Let Go of the Guilt and Shame.” You are not alone! Plus feeling sorry for yourself will not make your situation any better, and can even make it worse. Rebuilding your life after bankruptcy requires work, dedication, and a positive attitude.

“Reflect and Regroup.” Look back on why you ended up in the situation you were in, and write down all of those reasons. Making a list can help you av…