Happy Sunday! 🥰
So, this post was meant to be shared a LONG while ago, but life definitely got in the way. While it is not directly a mental health post, finances play a huge role in our mental, emotional, physical and even spiritual stability and happiness. When your money isn’t right, it can feel like nothing else is either.
I filed bankruptcy (Chapter 7) in May 2019, and was discharged in October 2019. I had a considerable amount of credit card debt and a stack of hospital-related bills as well. I also had a car lease that I could no longer afford, so when I did my research on bankruptcy’s pros/cons, I made the decision to seek a way out.
While filing for bankruptcy certainly isn’t for everyone and I don’t recommend that it be your first option to debt relief, if it comes to this point, I wanted to share some tips on what to do once discharged and what life can look like during and AFTER filing for bankruptcy.
I will be sharing my mistakes (Dear Lord, I made so many!) and lessons learned throughout this journey and process. I will discuss the things I did and am doing that helped my credit score to increase by 200+ points after my bankruptcy was discharged as well. I am still in the process of building my credit, so as a regular person who has been down this road, I am excited to share with you what I have learned, the do’s and DONT’s (if you can help it) and how to begin reestablishing your credit after the dust has settled.
I’ll be sharing some super helpful resources and links to other articles for you to check out that discuss building a poor credit score, if filing for bankruptcy is right for you, and how to maintain self-care during filing for bankruptcy as well (yes, this is important and matters, too)!
Stay TUNED 💃🏻💅🏽
If you have any questions, drop a comment below! This discussion is well needed to be had, and I’m happy to share my story with you.
– Until next time ❤️