Money can be a very emotional issue for a lot of people. Thus, being debt-ridden and being harassed by creditors can have a huge emotional impact on such people. Different people deal with this emotional toll differently and at times, these emotions can really overpower us and make us feel that our lives have already slipped out of our control and there is nothing we can do to stop the downward spiral.

A lot of people, when burdened with debt are in constant denial about their problems. They get stubborn about the issue, because at some level it affects their self-esteem and they are embarrassed to admit about the situation they are in, to themselves and to others. They may have various limiting beliefs or stigma associated with declaring that they are bankrupt. They falsely convince themselves that they are in control of their finances but deep down they too can sense the truth about such a belief and the false hope.

Even after they have finally accepted the truth about the situation, they can be extremely unforgiving of themselves.They think about all the situations and opportunities in the past that they didn’t make the best of and criticize themselves about not doing better. This can damage their self-esteem even more and reduce their clarity for thinking positive and getting their life back on track.

Eventually, when people do decide to get out of the mess they are in and to actively help themselves by filing for bankruptcy, they might still have some apprehensions about the process. To this, we would like to shed some light on your thoughts, and inform you that the whole idea of bankruptcy is to help you and not worsen the situation in any way. The legal system truly respects and understands the situation of an honest and unfortunate debtor. Thus, bankruptcy can really be extremely beneficial for you by giving you a new lease on life and the opportunity to start afresh with a clean slate. Declaring bankruptcy can lift the burden that you have been living with, off your chest, giving you room to breathe freely, and bring with it a lot of  relief and revive you with new hopes and prospects of a brighter future.

Thus, we at Barefoot Bankrupt, encourage people to mindfully observe the situation they are in and actively help themselves to take better control of their lives. We empathise with you for the struggles that you go through but we sincerely request you to not be afraid of bringing positive changes in your life and delaying your own good. You can count on us to be there for you every step of the way from the start to the end.