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Mounting debt can negatively affect Tennessee residents’ health

On Behalf of | Jun 20, 2013 | Debt Management, Firm News

A person’s health should always be a top priority. Many people include eating right and plenty of exercise as ways to maintain proper physical well-being. What some Tennessee residents may not consider as part of their staying in shape is their financial situation. Mounting debt can lead to significant amounts of stress that can have detrimental effects on both mental and physical health.

It is no secret that having a difficult financial situation can cause stress. What many do not realize is that stress can lead to physical health issues. Headaches are often a side effect of having a constant stressor, and when those headaches become seemingly ceaseless, a person can become consumed with terrible pain and possibly insomnia as a result. Stress can also lead to even more serious health issues. Studies have shown that heart disease can also be a consequence of too much stress in one’s life.

Mental health can also diminish as a result of stress due to debt. A person’s mind can become obsessive over trying to find a way out of a difficult financial situation. This persistent turning of the mind can lead not only to stress but also to anxiety. Being unable to concentrate fully due to stress and anxiety can cause personal relationships to suffer as well as a decline in performance at work.

Luckily, there is a solution available that can help those suffering from mounting debt. Filing for bankruptcy could end the perpetual search for a way out from debt. Depending on an individual’s circumstances, there are different types of bankruptcy that could be beneficial. Tennessee bankruptcy laws and information are readily available to those wishing to seek it. Creating a fresh financial start could contribute greatly to a healthy lifestyle.

Source: CBS New York, “Seen At 11: Debt Can Do You Serious Damage In All Kinds Of Ways,” June 4, 2013