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Does debt impact your health?

On Behalf of | Aug 2, 2022 | Bankruptcy

If you’re living with outstanding debt, you may feel that stress every single day. You’re always thinking about how you’re going to pay the bills or how you can increase your income. But the reality is that it just may not be possible.

One thing to consider is that living with this debt for a long time can create some serious health issues. These can be both mental and physical. It’s important to consider how financial debt can impact your life on all levels when you’re trying to determine what you should do about it.

What types of symptoms can it cause?

For one thing, the physical stress on the body that comes with worrying about debt can make it more likely that you will get sick. Infections and colds are more frequent, according to some sources, and you’ll often just feel more worn down. You may also have to deal with stress-related physical issues, such as heartburn or even panic attacks.

On top of the physical issues, researchers have found that debt can lead to both depression and anxiety. This can make it more difficult to sleep or even change your sleeping patterns entirely. It can lead to more headaches and it may make it harder for you to focus on the task at hand.

In some cases, depression and anxiety get to be so severe that people need to take medication for it. Others may need to go to therapy and try to work through some of the anxiety they’re feeling. But at the end of the day, all of that may be tied back to the overwhelming level of debt. 

So what should you do?

If you are facing this type of debt and it’s having such a negative impact on your life, it’s incredibly important to look into all of your legal options, which may include bankruptcy. 

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The Law Office of Kim Covington, is a woman owned debt relief agency, and I have helped families, individuals and small businesses, file for bankruptcy relief under the U.S. Bankruptcy Code, for over 24 years.