If you owe a substantial amount of debt, you know this can take a significant emotional toll on your life. Owing a lot of debt can lead to debt collectors calling at all hours of the day, threatening letters from creditors and the possibility of losing your personal property.
Some say the things we fear most in life almost never happen. You can likely think of a thousand scenarios where such a thought would be quite comforting, so long as it's true. While it's not always possible to avoid worst-case situations in life, it's true that many problems appear like major obstacles at first glance, when in fact, with a fresh perspective and available options, things may be more fixable than you initially thought. This is especially true regarding financial crises.