Debt collectors can be extremely persistent, intimidating and even downright rude. While they may have legitimate grounds for attempting to recover debts, they don't have unlimited reign when it comes to the methods they use for doing so.
Are you feeling overwhelmed by debt…again? If you know you need to file for bankruptcy but already have one on your record, you are not alone. There are millionaires in this country who have filed multiple times. While there certainly are cases when the individual is irresponsible, for many people, a sudden, unexpected setback like losing a job or suffering high medical expenses can become a devastating financial burden, no matter how carefully they live.
For some reason, there's always been somewhat of a stigma attached to filing for bankruptcy. People living in Middle Tennessee or anywhere else in the nation often hesitate to use this legal option for fear of what others might think, or that they'll appear as financial failures to loved ones. If you're one of these people, you might find it surprising to learn that many financial advisers believe people who file for bankruptcy often wind up more financially stable than those who don't.