Thought for today: What happens after bankruptcy is over? The saying “If nothing changes, nothing changes” may apply. A member shares: “I was a kid when my family declared bankruptcy. Credit card debt for business expenses had become untenable. Payrolls couldn’t be met for their business. IT was a mess of confusion and angry phone […]
Continue reading →Thought for today: Who says we can’t negotiate our own debts? People who mean well will sometimes encourage an “easier, softer way”, but they don’t have to live with the punch-drunk feelings left from exorbitant repayment plans. Others will caution against a bad credit rating, but do they know all the facts of our debting? […]
Continue reading →One member talks about going through a humiliating bankruptcy. Being cross-examined by attorneys in the judges chambers, she became upset, began to cry, and got angry. She felt cornered and ashamed. Years of panic bubbled up into her automatic fight-or-flight responses. Nothing seemed to work this time. “Having my own business, I had gone through three […]
Continue reading →One member reflected on the one-month moratorium he had arranged with his creditors, in writing, and the process of transforming these relationships: “During that first month in D.A. I detoxed from the negative effects of compulsive debt, overspending, and worry. I needed the month to heal. I had my hands full just not debting one day at […]
Continue reading →One member settled her last credit card debt at the end of the year. She had faithfully chipped away at the amount over her five years of steady D.A. recovery. It wasn’t easy. She reflected on how manageable the program of recovery is once she surrendered her pride and trusted the process: “After months of making […]
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