Mounting bills can put stress on any family's budget, but when there isn't enough income coming in to pay off those debts, late bill payments are inevitable. If you find yourself facing insurmountable debt and bankruptcy appears to be your only option, contact an experienced bankruptcy attorney to discuss your options.
Have you lost your job and fallen behind on a number of monthly payments?
If you are in financial distress and considering a consumer or business bankruptcy filing, come to the experienced attorneys of Penachio Malara, LLP, in White Plains.
Attorneys Frank Malara and Ann Penachio have important, useful legal information to share with you — information that could change your life for the better.
Contact us from Westchester County or the greater New York City metro area by calling toll-free: 888-368-5232.
Thank you for contacting Penachio Malara, LLP. Your message has been sent.
Call us now
or use the form below.
Whether it is Chapter 7 liquidation, Chapter 13 reorganization or Chapter 11 business bankruptcy you are considering, we can help you at Penachio Malara, LLP.
We can assist you with avoiding home foreclosure and relentless debt collections, too. Contact our experienced bankruptcy lawyers for a free initial consultation.
Do you live in fear of mortgage foreclosure? Are you being hounded by unscrupulous debt collections efforts?
You can trust our reliable counsel and personal service to get you past these personal and financial crises. Contact us at Penachio Malara, LLP, in White Plains, New York to discuss your case.
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 Penachio Malara, LLP in White Plains, New York, 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 Penachio Malara, LLP in White Plains, New York, can see a debtor through the tough times and guide him or her to a brighter financial future.
Copyright ©2009 FindLaw, a Thomson Business
DISCLAIMER: This site and any information contained herein are intended for informational purposes only and should not be construed as legal advice. Seek competent legal counsel for advice on any legal matter.
