Talking to Your Loved Ones about Bankruptcy

Any San Antonio bankruptcy attorney will tell you that one of the most difficult aspects of their job is managing the various emotions and feelings that come along with the decision to file for bankruptcy. Unfortunately, as any chapter 7 bankruptcy attorney in San Antonio knows firsthand, there is an incredibly prevalent stigma that has been placed on people who file for bankruptcy in this society.

However, if you have filed for bankruptcy in order to get the debt relief you need with the help of your lawyer, you have nothing to be ashamed of. If anything, a chapter 7 bankruptcy attorney in San Antonio will tell you that you have a number of reasons to be proud of your decision! Most notably, you have made a decision to get relief from debt collectors calling you. You’re now on the road to financial freedom and security, and a fresh start for your family.

Still, many clients have questions about how they should approach any conversation about bankruptcy with their friends, loved ones and families. If you have been wondering about how you can approach these sorts of discussions, here are a few things that a chapter 7 bankruptcy attorney in San Antonio believes that you should know:

Your bankruptcy is no one’s business but your own. This means that you are under no obligation to speak about it with anyone. That being said, you may find yourself in better emotional health if you are willing to reach out to your friends and family for assistance.

Some people may respond less than positively to the news of your bankruptcy. Although a San Antonio bankruptcy attorney will be the first one to tell you that there is no shame in needing to file for bankruptcy, many people still believe that it is a decision that represents rock bottom. Do not allow those people to influence your decision-making or your emotional health and wellbeing.

There will be questions. Although you no doubt made the decision to file for bankruptcy after much careful thought and consideration, many people with whom you choose to share the news will have questions for you. In terms of answering their questions, a San Antonio bankruptcy attorney will say that you have two options. First, you can elect to answer them with the same careful thought that you initially put into your decision. Second, you can choose to tell them that your personal finances are a private matter that is not really up for discussion.

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