Wootton & Wootton, P.C.

Bankruptcy Help For Everyday People

Call Today For a Free Consultation

Bankruptcy Help For Everyday People

Could debt be bad for your health?

If you believe that money can bring you happiness, do you also believe that debt can be detrimental to your health? If so, you may be right. Nobody likes to look at a stack of bills that need to be paid, but being in debt can really impact your health.

When you do not have enough money to enjoy living the life you want to live, from taking vacations, indulging in hobbies or even buying the newest electronic gadget, you can feel sad. But it is one thing to feel down because you are unable to buy the things you want, it is another thing to have the weight of debt constantly on your shoulders.

Debt hurts

One study showed that people who had long bouts of unemployment were more inclined to purchase over the counter pain medication. But that is not the whole story. Researchers also found that people reported feeling physical pain just by thinking about their financial problems when they had trouble paying bills or were in debt.

How are people responding to debt?

Before working out a plan to tackle their debt, most people try to ease their pain with denial. Many believe the best way to deal with the debt is by ignoring it and dealing with it later. People will endure threats of foreclosure, endless calls from debt collectors and ruining their credit score instead of addressing it head on.

Below are some of the most common ways people deny their debt:

  • Not knowing how much debt they are in
  • Thinking that they owe less than they do
  • Not opening bills and hiding them away
  • Getting a new credit card once one credit card reaches its max
  • Finding comfort in the fact that many other people are in debt

If you are in denial, it will continue to get worse before it gets better. If you are ready to eliminate debt and take control over your financial future, contact an attorney who can discuss with you options such as filing for bankruptcy. This may be able to provide the relief you are looking for.

No Comments

Leave a comment
Comment Information

Start Planning For The Future Today

Want to get out of debt? Create a will? We can help.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Durham Office
3200 Croasdaile Drive
Suite 504
Durham, NC 27705

Toll Free: 800-610-3643
Phone: 919-794-8660
Fax: 919-382-2042
Durham Law Office Map

Henderson Office
1775 Graham Avenue
Suite 104
Henderson, NC 27536

Toll Free: 800-610-3643
Phone: 919-794-8660
Fax: 919-382-2042
Map & Directions