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Surviving the Emotional Effects of Bankruptcy

Bankruptcy — just the sound of it evokes strong feelings in most people. Although filing for bankruptcy is rarely anyone's first choice when trying to cope with overwhelming debt, the decision to file for bankruptcy can be the right one when made with full awareness of all its consequences. Contact an experienced bankruptcy lawyer to discuss your options.

If you are jobless and frustrated over how to meet your bills, you can seek debt relief through Chapter 7 or Chapter 13 personal bankruptcy, or Chapter 11 bankruptcy.

At Keller & Almassian, PLC in Grand Rapids, our bankruptcy lawyers can help you navigate the legal process and create strategies for payment of your debts.

Contact our skilled western Michigan attorneys today. Call 616-364-2100 for an appointment.

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Are you an individual in need of asset protection legal advice?

Are you a creditor seeking legal representation for a receivership?

The attorneys at Keller & Almassian, PLC have the large law firm experience and small law firm efficiency that can help you. Our lawyers are problem solvers, working hard for you in professional yet innovative ways.

Call 616-364-2100 for a meeting. You can also contact us by e-mail.

Are you facing home foreclosure in western Michigan? Are you subject to wage garnishments by your creditors?

We are the experienced bankruptcy attorneys of Keller & Almassian, PLC in Grand Rapids. Let our lawyers show you how bankruptcy protections can stop foreclosure and put an end to wage garnishments.

Honest answers to your questions and solutions to your problems are available to you, at this phone number: 616-364-2100. Contact us for an appointment.

Surviving the Emotional Effects of Bankruptcy

No matter what circumstances ultimately led to filing bankruptcy, both the practical and the emotional impact on the debtor will be enormous. Confronting the emotional and psychological issues surrounding bankruptcy and reaching an understanding and acceptance of the situation are essential to rebuilding and maintaining a successful financial life. The experienced bankruptcy attorneys at Keller & Almassian, PLC in Grand Rapids, Michigan, can guide a debtor through the complicated legal, financial and emotional maze of bankruptcy and steer him or her in the right direction for the future.

Filing bankruptcy can, without a doubt, stir up many negative emotions. The debtor's sense of self-worth is often closely tied to his or her financial circumstances. Loss of money can be experienced as a loss of identity, self-esteem and confidence. We live in a society in which image is seemingly bought through possessions. Money can be viewed as a powerful currency not only in a purely economic sense, but also in relationships and thus a real or perceived loss of interpersonal power can ensue when bankruptcy is filed.

Understanding these emotions can help disentangle the practical realities of money from the possibly destructive or limiting emotional response to bankruptcy.

At times of significant loss, people tend to feel that their entire foundation has been shaken and that their most fundamental sense of security has been disrupted. They question their trust in themselves, in others and in the world at large. Although it may be natural for many to bury these frightening emotions, bringing core insecurities to a conscious level can actually reduce fear and the feeling of being out-of-control, which enables individuals to start tackling their situations constructively. In addition, the counsel of a seasoned bankruptcy attorney at Keller & Almassian, PLC in Grand Rapids, Michigan, can see a debtor through the tough times and guide him or her to a brighter financial future.

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Focus We specialize in representing businesses and owners anticipating or experiencing financial distress. Approach to Law We counsel clients so that their resources and assets are marshaled for corporate and individual protection. Expertise We possess more than 75 years of collective experience.
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Keller & Almassian, PLC
2810 East Beltline Lane
Grand Rapids, Michigan 49525
Phone: 616-364-2100
Fax: 616-364-2200

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