Personal Bankruptcy Might Not Be Good Idea
Hello Friends,
Here I am Lucia again trying to find a good and virtuous topic to inscribe and share at the same time to learn about.
So the topic for today is "Personal Bankruptcy".
Most will be in bad financial situations at some point in their lives. These are difficult times and money is scarce, jobs are insecure, and mortgages are exorbitant for the majority in that situation. The answer to avoid personal bankruptcy is not always obvious and many seek debt counseling before taking that step. The conclusion, however, is why take it at all because once you have been bankrupt, things change substantially with respect to your credibility.
The loss of everything you own is only the beginning, since the bank and the creditors will sell it. They do not care about sentimental attachments or family inheritance, and so on. It comes out and with that your whole life rolls around in the remnants that remain and your memories.
Why did that happen? You will ask that question again and again. You have to start over, but how? Where are you going to live? How do you live? Who wants to hire you?
Some kind relative or friend can offer you his garage or shed to live and you move what is left of his life to him. It is cold, unfriendly and tremendously uncomfortable. The facilities are not connected, so you must enter the house to use the bathroom, shower and even cook. That soon weakens with the generosity of who has to live with that, and you.
It could be fine if it's your father or brother, but even they feel the tension. Then there are shared costs. How do you compensate them for their share of bills, such as electricity?
In general, going into personal bankruptcy is not a good idea and steps should be taken early when financial stress occurs. That means getting a job in another city, putting a wall around you and paying off all your long-distance debts. This is possible due to the transfer of money. Let the Companies know that you are going to pay them with facts and not with words. You will go back if you make regular payments of your salary.
If you run a business and this happens to you, it is not so easy to simply leave, but you can accept a partner, who will contribute financially or liquidate it yourself. If it is a commercial premise, then sell the shares at a very low price. All you have to do is recover what you assigned, plus the rent. Again, tell the creditors that you are going to pay them every penny you owe and follow up.
That way one can keep the home and the goods away from the hands and nothing will change. It will take time to fix your life, but at least you will not have the stigma of bankruptcy pending over you and will not depend on others to distribute it.
Read my other posts...
https://steemit.com/car/@luciamuresan/why-not-own-a-fuel-saving-hybrid-vehicle
https://steemit.com/health/@luciamuresan/health-insurance-costs-and-modern-medicine
https://steemit.com/education/@luciamuresan/education-can-be-had-by-all-ages
https://steemit.com/spirituality/@luciamuresan/the-bible-explains-why-god-is-destroying-the-earth
https://steemit.com/psychology/@luciamuresan/fear-is-driven-by-the-imagination
https://steemit.com/astrology/@luciamuresan/star-signs-that-determine-a-good-marriage
So friends, upvote & follow me if you like my thoughts and share your thoughts in comments.
Bye for now, Take care...
Regards from: @luciamuresan
I agree with your post..And i alwys see your post and follow you ..
Thanks @mousumimou
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Hard times??
The political economic situation in the world today is very easy to follow - the world of knowledge flow is available to everyone in the same second who has mobile communication.
And today's world just goes crazy - it's just a big show where everything is bought and sold.
There is nothing left holy, forgotten traditions, wisdom accumulated by the nation's, simple humaneness forgotten - this is exactly what the image creates by state politicians, bankers and their managed media.
Ordinary people, deceived by the scammers, are more likely to fall into the trap of bankruptcy.
LOL
My wife among them - of course, I too, - who said - until death with you.
So understanding that the topic is very relevant to me.
And I will say that it was created by a "postcard", a world-governed money by a guy,..
With horror in their eyes, they are looking for a way out - living (extension) on the planet of Mars, or under the ocean, or in another closed cupola, where it is not already contaminated.
When a person forgets that love is can not dividing into pieces, the purpose of life is not money and golden funeral box after that
We have,.. we see what we have.
Love can only multiply - the birth of a human being, spreading love with him, wisdom and everything else ...
And it seems that people have fallen to the threshold of bankruptcy, they do not forget it.
Although 98 percent of people do not own the world,
You got a 13.33% upvote from @upboater courtesy of @luciamuresan!