Debt Is Bad for Your Health

How bad can debt really be for you? The answer is it could be affecting your physical and mental health, including causing anxiety and stress.

• Debt can raise your blood pressure
• Debt could lead to anxiety
• Debt has been linked to depression
• Debt may lower your immunity

Having debt may prevent you from seeking needed medical or dental care.

This is Especially True for Seniors

A person’s ability to perform activities of daily living with unsecured debt was 28 percent more likely to need help with such activities. Moreover, as the level of unsecured debt rose, their risks climbed steeply. If what they owed amounted to 30 percent of their assets, they were 65 percent more likely to have trouble with daily activities compared with those with no debt and almost twice as likely if they owed 80 percent of their assets.

What can be done

If you are overwhelmed with unsecured debt and close to or already retired but stressed-out struggling to keep up the payments on your debt bankruptcy should be a consideration. Bankruptcy can end your debt obligation or at least make the cost of your debt more manageable on a fixed income. The stress and anxiety caused by your debt will end. The barriers your debt created to seek out necessary health care will be removed as well. Lift the weight of debt off your shoulders so you can move on with a stress-free retirement.

Contact Our Offices

With offices conveniently located throughout Alabama and Mississippi, the debt relief attorneys at the Bond & Botes Law Offices will always take the time you need to fully explain your options. We provide absolutely free consultations and have helped thousands of clients end their debt. Call us at 1-877-581-3396 or email our office today.