Dealing with Debt and Bankruptcy
Bankruptcy is becoming more and more common.
How to Deal with Debt and Bankruptcy
Bankruptcy or insolvency is a legal status of a person or an organization that cannot repay the debts it owes to its creditors.
Ruthless Compassion means taking personal responsibility for our actions, but with an attitude of self-acceptance and loving-kindness toward the bad choices we might have made in the past. It’s not about being lenient about our mistakes, but rather, working to understand where we went wrong and then developing the tools necessary to make better choices in the future. Ruthless Compassion is a respectful attitude toward others where all living beings are seen as inherently valuable and having a right to live with dignity. It’s about not colluding with individuals or institutions which don’t follow these principles.
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About the Author
Marcia Sirota MD FRCP(C) is a board-certified psychiatrist, that does not ascribe to any one theoretical school. Rather, she has integrated her education and life experiences into a unique approach to the practice of psychotherapy. She considers herself a realist with a healthy measure of optimism. Sign up here for her free monthly wellness newsletter. Listen here to her latest podcast. mariasirotamd.com
Dr. Marcia Sirota is a Toronto-based board certified psychiatrist specializing in the treatment of trauma and addiction, as well as founder of the Ruthless Compassion Institute, whose mandate is to promote the philosophy of Ruthless Compassion and in so doing, improve the lives of people, everywhere.