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Money woes cited as potential cause of actor’s depression, suicide

Charlotte Bankruptcy Lawyer Bryan W. Stone of Arnold & Smith, PLLC answers the question “What are my alternatives to bankruptcy ?”


Perhaps everyone who loses a loved one or a friend to suicide asks, at a fundamental level, why? Sometimes, when a person has left a suicide note, some insight into the mind of the loved one or friend is provided. But even when a suicide is explained, the explanation doesn’t feel good enough, and those “on the outside,” so to speak, can’t understand how a person got to a point at which he or she believed death was preferable to living.

Robin Williams Charlotte Debt Lawyer North Carolina Bankruptcy AttorneySuch, perhaps, were the thoughts of millions of fans around the world of actor Robin Williams who learned of his passing late Monday. Williams took his own life sometime Sunday night or Monday morning. He was a beloved movie star, an Oscar winner, a millionaire.

But as we have learned in the days since his passing, Williams had financial problems. He was stung by two divorces and said he was on the verge of bankruptcy. A role in a television series that Williams considered “second rate” was supposed to turn things around, but the show was cancelled after one season earlier this year. Williams said his return to standup comedy and appearances in low-budget films had been undertaken to “pay bills.” He said last year he had downsized his life and that he could no longer afford his Napa Valley, California ranch. A neighbor who saw Williams over the weekend said he looked “very drawn and thin [and was]… a shell of himself.”

It would be presumptuous to conclude, at this early stage, that money troubles drove Williams to suicide. As with many suicides, we may never know why Williams took his own life. But doctors, psychiatrists and health advocates have documented for years the link between financial woes and stress, depression and, in some cases, suicide. While some people are able to live perfectly normal lives while weathering financial storms, others—particularly those who have a history of mental illness or chemical dependency—are much more likely to turn to desperate measures, even suicide. Williams had a history of depression and substance abuse, and was treated at a substance-abuse facility in June.

Daniel J. Reidenberg, a psychologist and director of Suicide Awareness Voices of Education, said people suffering from depression do not think logically or rationally. “Depression literally takes over their life,” he said. In Williams’ case, like many others, numerous resources were available to help him get through a time of financial trouble. By its very nature, a bankruptcy has the effect of “wiping the slate clean.”

But, Reidenberg said, oftentimes people locked in the throes of depression can’t see the light at the end of the tunnel.

If you are in financial trouble and it is affecting your life, call me today to set up an appointment. I am here to help you weather your financial storm. Bankruptcy is an orderly process through which your debts can be discharged. In more practical terms, in can be your light at the end of the tunnel.

If you find yourself needing the services of a Charlotte, North Carolina bankruptcy attorney, please call the skilled lawyers at Arnold & Smith, PLLC find additional resources here. As professionals who are experienced at handling all kinds of bankruptcy matters, our attorneys will provide you with the best advice for your particular situation.



About the Author

Bryan 1Bryan Stone is a Partner with Arnold & Smith, PLLC, where he focuses his practice on all aspects of bankruptcy, including: Chapter 7, Chapter 11, Chapter 13, home loan modifications and landlord-tenant issues.

A native of Macon, Georgia, Mr. Stone attended the University of Georgia, where he earned a BBA in Banking and Finance, and Wake Forest University School of Law, where he obtained his law degree.

Following law school, Mr. Stone relocated to Charlotte, where he currently serves as Chair of “Bravo!” – a young professionals organization associated with Opera Carolina – and founded the University of Georgia Alumni Association of Charlotte.

In his spare time, Mr. Stone enjoys perfecting his barbeque skills for the annual “Q-City BBQ Championship” and playing softball in the Mecklenburg County Bar softball league.








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