There was a time in the not-too-distant past when cancer was widely referred to as "The Big C." Doctors are generally credited with developing the euphemistic reference as a way to delicately talk about conditions that very likely were going to end in patients' deaths.
When it comes to topics around the water cooler weather probably tops the list. Coming in a close second in Illinois workplaces may well be the economy. Financial stability is something that has been top of mind for almost everyone since at least 2007. And even though the recession that hit about then is officially over, there are ominous predictions that we might be on the verge of another.
In our immediate past post, we attempted to offer some guidance on what steps to take if you find yourself facing a lawsuit over credit card debt that you owe. The key bit of wisdom we hope any Chicago-land reader took away from that post is to avoid succumbing to panic -- a very real danger if you have never experienced this kind of situation before.
Credit cards are a wonderful convenience. But for many Chicago-area consumers, the combination of financial hardship and the ease of turning to plastic can lead to uncomfortable and unwanted situations. The circumstance that perhaps triggers the greatest level of panic may be if a creditor goes so far as to sue to collect on the debt that is owed.
Nearly everyone has something about themselves they are not particularly interested in sharing with the rest of the world. Being in financial difficulty can be one of those things. Whether you live in Illinois or any other state, the fear of being socially stigmatized by revelations of your situation can be enough to keep you from taking any action at all. That's not a good idea.