Christmas Tag

07 Dec Resistance is Futile… Or so the Creditors Think.

Resistance is Futile.The holiday season has rolled around once again and regardless of whether you are in bankruptcy, this season tends to be a season of stress instead of joy. Americans continue to focus on purchases geared towards their wants instead of their needs. This pattern of spending is exactly what creditors prey on to increase their profits.  They spend money designing advertising to convince you through guilt that you really can afford to spend thousands of dollars for unnecessary Christmas gifts.  The creditors do not care you are struggling to keep a roof over your head, pay your student loans,  and put food on the table all while continuing to pay for your health insurance.   The sole goal of the creditor this holiday season is to increase their money by taking yours.
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07 Dec Success In Bankruptcy Means You Focus On What You Gain And Not What You Have Lost.

In order to succeed in bankruptcy it is critical for you to focus on what you have and not what you have lost. The holiday season is always tough for debtors regardless if they are in a Chapter 7 or Chapter 13. People have a tendency to worry about living in the holiday moment and what they must purchase for Christmas or Hanukkah. I wrote an a couple years ago explaining that you are not a bad parent for not purchasing Christmas presents. As stress is at an all time high right now I would like to revisit this point from a different view.
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