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07 Mar Mistakes to Avoid: How to Recognize When and Where You are Exposed Financially

Last month, I wrote a blog post entitled Are You Exposed on this blog where I suggest that most bankruptcies occur when a debtor allows himself to be excessively exposed to external forces. By recognizing and controlling these points of exposure, you reduce the risk that you will need to file for bankruptcy, and, if you do file, you will be better positioned to avoid falling into the same traps in the future. Recovering from bankruptcy means more than re-establishing credit. True recovery means that you need to change the way you think about credit and money. If you make the same financial choices post bankruptcy discharge with your new credit cards, you will inevitable find yourself back in your bankruptcy lawyer’s office at some point in the future.
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06 Feb Are You Exposed?

subconscious patterns of behaviorDoes it do any good to think about why you have debt problems? As a bankruptcy lawyer I have represented clients with every type debt problem imaginable and I think is very worthwhile to reflect about how and why you ended up in a bankruptcy lawyer’s office or even why the word “bankruptcy” may have crossed your mind. Without getting overly philosophical, I’d like to offer a way to think about debt issues that may help you break whatever patterns exist in your life that put you into debt crisis. I firmly believe that your conscious and subconscious thoughts led you into your debt issues and if you don’t address the underlying thought patterns, nothing is going to change in the long term.
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