Suffering in financial debt and struggling to make payments towards your financial obligations can take a significant emotional toll on someone. Additionally, when those debts are shared with your spouse, partnering in how to tackle the problem can be especially hard. Not only may each party come to the table pointing the finger at the other, tensions can rise. It’s not uncommon for each person to perseverate over the financial situation they have found themselves in. Although for some people, filing for bankruptcy may be the most appropriate step, making the decision can be a difficult one. Safeguarding a relationship while enduring financial issues can be especially challenging amongst the animosity couples may be experiencing. Taking the time to work with a bankruptcy attorney and seek mental health counseling may help to endure the bankruptcy process and preserve the relationship.
Filing for Bankruptcy
There are a variety of reasons to choose bankruptcy. However, it’s important to consult with a bankruptcy attorney to determine whether you should choose Chapter 7 or Chapter 13 bankruptcies. An attorney will be able to review your financial situation to help in determining the best way to proceed. Depending upon the type of bankruptcy you pursue, there can be different advantages to each:
Advantages of Chapter 7
Advantages of Chapter 13
No matter the option you choose, an attorney may be able to assist in providing you with peace of mind throughout the process. However, the strain financial problems may put on both you and your partner can quickly have you at each other’s throats. This is a primary reason why it may be helpful to seek additional support from a therapist.
Taking Care of Yourself, and Your Relationship
The stressors that come with financial problems can ultimately extend problems in a couple’s relationship. Sometimes, poor financial decisions may go on for a number of years, causing a serious impact on a couple’s functioning. Finances are tied to so many things. Because of this, they can easily creep into a relationship. A couple’s therapist can be helpful for a number of reasons:
Are you and your partner struggling with debt? As a result are you struggling to get along? You may need more help than the legal counsel of a bankruptcy lawyer Tampa, FL offers. Financial challenges can take a toll on a couple’s overall relationship health. Preserving your relationship will be important, especially through a process that can be incredibly stressful. Seeking the help of a couple’s therapist, may be a positive way to talk through the tension, and ultimately, rebuild your relationship.
Thank you to our friends and contributors at The Law Office of Michael A. Ziegler Law, P.L. for their insight into bankruptcy and spousal problems.