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Debt Stress Syndrome Hits Americans Hard in 2010

Debt can do more than put a frown on your face. Debt Stress Syndrome is a real problem and one that has grown to affect more Americans than maybe ever before. The recession, along with the negative reinforcement by many of the media outlets, has been weighing on the consciences of many hard-working Americans. Suddenly, people who used to feel stable in their jobs are worrying about being laid off. Responsible people who had never fallen behind on a payment before are now left needing protection from foreclosure. Credit card holders are facing debt they can no longer handle.

It’s no wonder that debt stress syndrome has been a focus for medical professionals like Dr. Alan Manevitz, a clinical psychiatrist with New York-Presbyterian/Weill Cornell Medical Center in Manhattan.

Stress can actually manifest itself physically. According to Dr. Manevitz, the stress of debt has been known to cause increased heart rate, high blood pressure, high paced breathing, muscle tension and inflammation. The worst part is that, typically, the more debt you are in, the more you obsess about it. As you can see, it is incredibly necessary to find a solution to this growing problem. But, what can you do?

As you’ll often hear me say (or write), doing nothing changes nothing. If you are suffering from debt stress syndrome and you don’t do anything about it, nothing will be different. You will continue to need protection from foreclosure, credit card debt help, and relief from the harassment of your creditors. In fact, doing nothing in this scenario usually means that things will only get worse.

Luckily, Missouri and Illinois bankruptcy can help. Missouri or Illinois bankruptcy can stop wage garnishments, foreclosures, and repossessions, while also helping you get a handle on the rest of your debt. Every day I see what debt stress syndrome can do. It ruins marriages, puts hardship on families, and causes you to feel trapped in a situation you don’t want to be in.

Do yourself—and your health—a favor by requesting a copy of my Missouri and Illinois guide to debt relief, “Get Out of Debt: Secrets Your Creditors Don’t Want You to Know.” The book is free but being able to live a happy and healthy life is invaluable.

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