608 Mabry Hood Road, Suite 202 | Knoxville, Tennessee 37932
Debt relief: Financial concerns could affect one’s health
It is no secret that dealing with debt can be a stressful process. However, some individuals in Tennessee may find it a surprise to learn that financial challenges can also have a substantial impact on the decisions they make and can even affect their health. Those who wish to avoid similar challenges could benefit from seeking guidance on their available options for debt relief, but with a multitude of options to pick from, choosing a path can be intimidating.
With common concerns ranging anywhere from credit card bills to personal loans, many consumers have experienced the trials of dealing with debt. Results from a recent survey indicated that just under 60 percent of consumers worry that it may take as long as three years to pay down their debts. While this could be alarming enough as is, some of those surveyed almost admitted they feel they may never be able to escape debt.
Some of those who took part in the study also stated that their financial situation has had a substantial impact on the decisions they make. In addition to affecting one’s choices, the study also suggested that those who experience similar issues may encounter high levels of stress that could lead to mental health concerns. Dealing with debt for extended periods can increase the risk of depression and anxiety, and similar conditions could affect a person for the remainder of his or her life.
When dealing with substantial amounts of debt, those who wish to protect their health and financial future could choose to seek guidance on choosing a path to pursue debt relief. For advice in better understanding the available options, a person in Tennessee could find it helpful to speak with a bankruptcy attorney as soon as possible. An attorney can work with a client in forming a strategy to pursue the required relief and provide guidance on how to stay clear of similar concerns in the future.
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608 Mabry Hood Road, Suite 202
Knoxville, Tennessee 37932
William E. Maddox, Jr. LLC, Attorney at Law is located in Knoxville, TN and serves clients in and around Knoxville, Oak Ridge, Louisville and Anderson County.
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