10
Mar
2008
Posted by Steve Rhode as Uncategorized
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I just realized that I don’t think I’ve told you about my bankruptcy experience. It is the key to why I am so passionate about helping people with money problems. Because you see, I’ve lived through them myself, I’ve walked in your shoes, and I’ve felt the pain.
Rather than write out the story, yet again, here is a video where Pam and I talk about what it was like for us and how we used that experience to help other people.
I hope you find the video informative and helpful. It is still a painful experience for me to relive.
Going bankrupt fundamentally changed me in many ways. Living through depression following bankruptcy was also an eye-opening experience. All of it in fact was beneficial in that I have been able to use that experience to fight for and provide solutions for other people living through the pain and anguish of bankruptcy.
What the average consumer does not realize is that going bankrupt is not just a technical, form filing exercise. Many of us take that financial failure to heart and it rots or destroys us in ways that a bank balance sheet can not measure.
Maybe the fact that I did live through the pain and stress of financial failure makes me a bit more direct about how I feel about financial issues. I’m not only a debt expert, but I’m a recovering bankrupt as well.
Numerically, bankruptcy was the best move I could have made in the situation. Emotionally, I’m still not sure, the road of recovery was long and rough.
Let me know if the video is helpful at all to you. It is so personal that it still make the hairs on my arms stand up when I watch it and it feels as real to me now as it did then. But I can deal with the loss of privacy if it helps just one person to move forward and find help and hope in life.
Do You Have a Debt Question?
If you have any debt or credit question you would like to ask, you can contact me online and I’ll be happy to answer it.
Steve
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2 Responses
“I Want to Kill Myself Because of My Debts”
March 10th, 2008 at 4:21 pm
1[...] am experiencing what you had gone thru when you were 31 years old but 10 years later. I am 41 now and had accumulated on my credit unsecured payment. I feared [...]
More People Should Go Bankrupt. Bankruptcy Rates Are Too Low.
April 3rd, 2008 at 11:03 am
2[...] I don’t suggest bankruptcy lightly having gone bankrupt myself in 1990. It was a painful experience. Watch my bankruptcy video. [...]
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