Tips and Notions to Begin the Journey Rebuilding Your Life After Bankruptcy
The bottom had arrived.
The business could not be saved.
The home was sold in a short sale.
My assets were exhausted.
Where to go from here? Bankruptcy occurred in a few weeks and I faced the cold hard prospect of rebuilding my life even as wound down all that had preceded.
The terrible stress of the months leading up to the event, the endless hours of labor, and the shame of explaining to those who had been let down was over.
Now the time to rebuild my life had arrived.
I wish I could say I simply stepped out and began moving toward a brighter future.
However, that isn't the case.
Recovering my ability to think through things is a work in progress.
Getting income coming through the door is a work in progress.
However, all this can be accomplished too.
My first step was to re-establish some income.
While the work I got was imperfect and the boss I had to live with something of a tyrant at least the bills can be paid.
Second, I have to rebuild the confidence of my family and my wife.
Dragging them through this cesspool of pain has caused long term damage and will probably take years to fully overcome.
Next, I have to get my head straight.
I've waffled back and forth trying to determine what I should do about the situation.
The fact is I have so much invested in what I did before that giving it up is a tough decision and perhaps even an unrealistic idea in someways.
However, you have to approach the situation as a fresh start.
So, I'm sending resumes, contacting connections, and working to land a position consistent with our family goals.
Personally, I know a slower pace, more time for mental health, more time for physical health are priorities for me.
I've taken steps to rein in my appetite.
I've set goals for working out.
I am taking more time to be with the family and for myself.
What will the next steps be? I'm not certain.
As I said earlier, this is a work in progress.
I find inspiration in Rich Dad Poor Dad's work and in the rebounding success of some of my friends.
I am very intently taking in information and seeking incremental ways to rebuild on a firmer foundation steering far from excess risk.
The business could not be saved.
The home was sold in a short sale.
My assets were exhausted.
Where to go from here? Bankruptcy occurred in a few weeks and I faced the cold hard prospect of rebuilding my life even as wound down all that had preceded.
The terrible stress of the months leading up to the event, the endless hours of labor, and the shame of explaining to those who had been let down was over.
Now the time to rebuild my life had arrived.
I wish I could say I simply stepped out and began moving toward a brighter future.
However, that isn't the case.
Recovering my ability to think through things is a work in progress.
Getting income coming through the door is a work in progress.
However, all this can be accomplished too.
My first step was to re-establish some income.
While the work I got was imperfect and the boss I had to live with something of a tyrant at least the bills can be paid.
Second, I have to rebuild the confidence of my family and my wife.
Dragging them through this cesspool of pain has caused long term damage and will probably take years to fully overcome.
Next, I have to get my head straight.
I've waffled back and forth trying to determine what I should do about the situation.
The fact is I have so much invested in what I did before that giving it up is a tough decision and perhaps even an unrealistic idea in someways.
However, you have to approach the situation as a fresh start.
So, I'm sending resumes, contacting connections, and working to land a position consistent with our family goals.
Personally, I know a slower pace, more time for mental health, more time for physical health are priorities for me.
I've taken steps to rein in my appetite.
I've set goals for working out.
I am taking more time to be with the family and for myself.
What will the next steps be? I'm not certain.
As I said earlier, this is a work in progress.
I find inspiration in Rich Dad Poor Dad's work and in the rebounding success of some of my friends.
I am very intently taking in information and seeking incremental ways to rebuild on a firmer foundation steering far from excess risk.
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