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The Emotional and Physical Impact of Debt

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The Emotional and Physical Impact of Debt

Debt Impact

Most people would like to have the financial resources to provide for their families, plan for the future, and have something left over to have some fun. For many of us, however, the debt hanging over our heads makes these thoughts seem a goal that is out of reach.

Sometimes, a person’s problems with debts are self-inflicted. Most debt problems, however, arise from sources over which we have little or no control. Job loss, medical issues, marital issues, and other types of financial emergencies arise and cause crushing debt. We at Sawin & Shea are experienced Indiana bankruptcy attorneys that can help relieve these burdens.

Stress over debt takes both a physical and emotional toll on people. Debt causes loss of sleep, panic, changes in eating habits, anger, and self-doubt. Debt can, in fact, lead to physical ailments. In a poll reported in USA Today on June 9, 2008, debt stressed respondents reported that 27% had ulcers or digestive tract problems, compared with 8% of those with low levels of debt stress. 44% of the respondents had migraines or other headaches, compared with 15% of low debt responders. Further, 29% suffered severe anxiety, compared with 4%. 23% of the high debt group had severe depression, compared with 4% from the low. Heart attack rates doubled for high debt respondents compared to their low debt counterparts.

Now, for the good news. We have ways that we can help get that debt monkey off your back. Chapter 7 or Chapter 13 bankruptcy can get you back on track. Do not suffer the physical and emotional pain caused by debt. The experienced bankruptcy attorneys at Sawin & Shea LLC can put you back in control of your financial life. We can help you like to hear the phone ring again. We can help you not dread the thought of going through your mail. Do not suffer the physical and emotional damage that debt caused by past indiscretions or trouble outside of your control imposes on your daily life.

Take control of your physical and emotional health. If you are suffering from an overload of debt, let us help. The Indianapolis bankruptcy attorneys at Sawin & Shea LLC are here to show you how a Chapter 7 or a Chapter 13 can put the goal of financial independence within reach.

Call Indianapolis Bankruptcy Lawyers – Sawin & Shea – 317-759-1483

If you are considering bankruptcy and have student loan debt, give our Indiana bankruptcy lawyers a call and get an assessment of your chance of discharging school loans. We will provide you with a free evaluation of your case and educate you on all the options you have as you look to a debt free fresh start in life.

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