SERIES: I’ve Declared Bankruptcy – Now What? – Part One

I’ve declared bankruptcy. Now what?”

This is a combination “statement – question” that millions of people have made over the past few years. According to the United States Courts website (HERE), 1,221,091 individuals and companies declared bankruptcy in the U.S. in 2012 alone. We’re launching this series to help people who have went through bankruptcy so they never go back and so they can prosper!

Part One If you are beating yourself up over declaring bankruptcy, STOP IT!

One of the biggest obstacles for anyone recovering from bankruptcy is overcoming guilt and embarrassment. In fact, many people never really get over these feelings. It is perfectly okay to say, “That was horrible. I’m never doing that again!” It is not okay to stay stuck. Acknowledge the very real feelings that come with the territory, and then resolve to move on. As the late great leadership expert, Zig Ziglar, would say, “Today is the first day of the rest of your life!”

Beating yourself up will tell you LIES. Here are some common examples (participate in the discussion by sharing others you’ve heard in the comments section):

  1. “I’m not smart enough to win with money.”
  2. “I hope I never get money again because I’ll just wind up broke like last time.”
  3. “My family and friends believe I’m a failure.”
  4. “The world is against me.”
  5. “I can’t trust anyone.”

These are LIES. Ignore them. They only allow you to beat yourself up some more. Stop it! (because you can do this!)

Read the entire series (available after 3/25/2013)

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