On behalf of Law Offices of Mark M. Kratter, LLC on November 17, 2011
It may seem as if Connecticut residents are constantly being bombarded with negative stories about the weak economy. Stories about bankruptcies, home foreclosures and unemployment are often a part of the daily news. But there are some positive stories for those in need of debt relief.
One couple in Los Angeles was facing home foreclosure when the husband lost his job back in 2008. Instead of falling into a deep pit of depression and worry, they decided to file for bankruptcy, giving up the home that they loved. In essence, they put their marriage and happiness above their financial troubles.
A study conducted by a professor of family life at Brigham Young University claims that marriages in which each person was "non-materialistic" are 10 to 15 percent better than in marriages where acquisition of material things is important to one or both. This story illustrates how using debt relief can do more than simply save a couple's finances, but it may also save the marriage.
For many married couples, both people loving to spend money recklessly can lead to marital turmoil and hard feelings if the need to file for bankruptcy were to ever arise. But couples who can see beyond the loss of money and toward the fresh financial start that bankruptcy offers and the chance for a healthier marriage can thrive.
When Connecticut residents are facing financial problems and are in need of some form of debt relief, they may wish to consult with a qualified bankruptcy attorney. Working with an attorney skilled in this form of law may prove to be beneficial in many ways. At the very least, they may be able to explain the options that are available to those in need of a fresh start.
Source: The Fiscal Times, "Marriage: Couples That Save Together-Stay Together," Julie Halpert, Nov. 8, 2011
