Free Case Evaluation

 
 
X Close
Phone Call Us 414-326-9231
608-260-7133
Toll Free 866-678-9352
Text Us 414-277-7742
You can also feel free to text us at 414-277-7742 to set up your FREE appointment with our attorneys today

The emotion of fear

While the sales side of the credit industry likes to emphasize the freedom and joy of using their product, with vacations, new cars, new homes and anything else that creates an emotional state of euphoria that induces people to buy, buy, buy.

There is another side to the credit industry, and they don't advertise it as much. But it also creates a strong emotional response. For the collections side of the industry, euphoria and joy are of little interest. Their business is fear. 

They want you to believe that if you don't pay them their full balance at that very moment, you will never get another loan or credit card. They want you to believe they will come to your house and take your possessions, your car and even your home.

They want you to be afraid. Very afraid.

Of course, if like many people in Wisconsin in that position, you may have lost a job. Or been involved in an accident or suffered a healthcare crisis. Or have been divorced and attempting to put your life together.

And you may not have the money to pay that bill, or any bill.

But they want to intimidate and scare you and make you believe that your life will be utterly destroyed if you don't pay their bill.

That is where the bankruptcy code comes in. If you cannot pay, bankruptcy can offer a fresh start to your financial life, allowing you to eliminate most of those debts. Timing is important and discussing your situation with a bankruptcy attorney is a good way to determine if you have other options, or if bankruptcy offers the best solution to your financial crisis.

Don't let their fear win. You can begin again and with luck and discipline, it is likely to be far less stressful that being harangued over the phone by bill collectors. And one more thing to remember; a bankruptcy filing will stop those phone calls.

Source: businessinsider.com, "What one woman learned from declaring bankruptcy after taking on $20,000 of debt," Libby Kane, July 21, 2015

No Comments

Leave a comment
Comment Information

Contact Our Milwaukee Law Firm

Reach Miller & Miller Law, LLC, online or call us at 414-326-9231 to schedule a free initial consultation. Our law office also provides Spanish language services. Se habla español.

To schedule an initial consultation, call 414-326-9231 or contact Miller & Miller today.

Free Case Evaluation

* indicates required field

 
 

Milwaukee Office
633 W Wisconsin Ave, Suite 500
Milwaukee, WI 53203

Phone: 414-312-6581
Fax: 414-277-1303
Milwaukee Law Office Map

Kenosha Office
6123 Green Bay Road
Suite 210
Kenosha, WI 53142

Phone: 262-326-1669
Kenosha Law Office Map

Brookfield Office
200 S. Executive Drive
Suite 101
Brookfield, WI 53005

Phone: 262-261-0665
Brookfield Law Office Map

Madison Office
2810 Crossroads Drive
Suite 4001
Madison, WI 53718

Phone: 608-260-7133
Madison Law Office Map