5 Trick Or Treater Tips to Conquer Your Bankruptcy Stigma Fear

Posted on 30 October 2018

Why do we believe in the bankruptcy stigma myth?

Just like the mythical Halloween monsters our kids are afraid of this time of year – many of us fear the dreaded “bankruptcy stigma”. You may have grown up in a household where debt was frowned upon, or maybe you are simply unaware of how common it is for people to file for bankruptcy protection. Whatever the reason, there’s a myth that a bankruptcy stigma will follow you around if you choose to file. For some of us, the idea of bankruptcy feels a lot like defeat. You may believe a bankruptcy will forever ruin your reputation – we are here to tell you that is not true, and you can get a fresh start.

You may have noticed we say it a lot but, you owe it to yourself. We want you to have the courage to face your debt and discover your debt free solution. We’ve asked 5 trick or treaters what they tell themselves when they need to be brave enough on Halloween night to collect candy from a house that looks really spooky. With these simple tips we hope to help you kick-start your debt-free journey and conquer your fear.

Trick or Treater Tip #1

“When I’m afraid of a place I just remind myself that it’s only a house. The faster I finish getting my candy I can run to the next place!”

Bankruptcy is just bankruptcy after all – it’s nothing to be afraid of. If you need to clear up a debt problem and bankruptcy is the best solution for your circumstances, it’s always best to get it done. Once the bankruptcy is in place you’ll feel relief and you’ll be able to move on to whatever’s next in as few as 9 months.

Trick or Treater Tip #2

“I don’t like the scary places, but when I have to go I just make my brother go first and check it out for me.”

Sometimes you need to face your problems with a little support. It’s ok to bring a friend, partner, or family member to your meeting with us. You may find that confiding in someone close to you will help you beat the idea that there is a bankruptcy stigma to be afraid of.

Trick or Treater Tip #3

“Well, I mean a place might look too scary. I guess if they WERE too scary they wouldn’t be allowed to do Halloween next year.”

Bankruptcy can’t be that bad if people are doing it. Every year thousands of Canadians file for bankruptcy protection. Bankruptcy is a voluntary decision that people are choosing to make, knowing that doing so will give them a fresh start.

Trick or Treater Tip #4

“Don’t go to the door – send someone else, it’s not worth it. Nothing bad happens on the sidewalk.”

Some people ask a family member or friend to call us first and ask a few questions. We don’t mind if you ask someone else to gather a little information for you. We’re here to help you understand your options and if you’re too nervous to get started by yourself – that’s ok.

Tip #5 – Just Do It

“Just do it, Halloween can be creepy – deal with it.”

Dealing with your debt problem may be stressful and scary. Bankruptcy makes many people nervous until they learn more about it and realize it’s a very simple and easy process. The easiest way to conquer your bankruptcy stigma fear is to just do it. Talk to someone and learn more about how the process works.

Are you ready to deal with your debt problem? We offer online booking, or you can call us at 310-4321 to review your options. Don’t put off getting help because you fear a bankruptcy stigma that doesn’t exist. Start your debt free life today.

Helpful starting information:

What to Bring to an Appointment

To get the debt help that you need, please bring a list of who you owe and how much to each, a list of everything you own and your monthly household budget. Don’t have everything right away? Don’t worry – We will guide you through each step.

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Your Information

We’ll walk you through our application process. But, if you want to prepare for your debt free assessment consultation in advance, download our information form and fill in what you can.

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How can you compare your debt repayment options if you don’t know how much they will cost you? Your solution will become much clearer when you are able to compare costs.

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Ready to Be Debt-Free?

If you’re ready to be debt free, it’s time to meet with one of our knowledgeable Licensed Insolvency Trustees at your convenience and get started

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