MENTAL HEALTH RESOURCE

The Personal Impact of Financial Distress on Your Mental Health and Wellbeing

Experiencing financial hardship can take a significant toll on both mental and physical health. The stress and anxiety from uncertainty can lead to sleepless nights, worry over how it will affect loved ones, and the heavy burden of financial pressure affecting future plans. 

For business professionals, financial distress can be incredibly challenging, especially when faced with cash flow problems, the risk of insolvency, and the inability to pay creditors.

The emotional toll is heavy – there’s the anxiety of potentially laying off valued team members, and the fear of shame or embarrassment in front of peers. Many worry about disappointing people in their industry and damaging their reputation long term. We understand how deeply this impacts our clients, your families, suppliers, valued team members and those involved in the insolvency process.

At our firm, we understand the complexities and emotional weight of this situation. We approach each case with empathy and professionalism, guiding you through the insolvency process with care and transparency, while working to deliver the best financial outcomes.

No matter the challenge, we are here to help—ensuring that your business, your team, and your wellbeing are supported every step of the way. For additional resources, see the Australian Restructuring Insolvency & Turnaround Association (ARITA) Guide on managing mental health during financial distress below.


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6 things you can do for your mental health when facing financial distress

IMPORTANT RESOURCES AND LINKS

If you, your work colleagues or family members are experiencing difficulties coping during this time, please put them in touch with any of the following resources below.

EMERGENCY 000

AVAILABLE 24 / 7

If you or someone is in immediate danger, please call 000 or go to the nearest hospital emergency department

BEYOND BLUE

AVAILABLE 24 / 7

Beyond Blue is here to help all people in Australia achieve their best possible mental health.
1300 224 636

LIFELINE

AVAILABLE 24 / 7

Providing all Australians experiencing emotional distress with access to 24 hour crisis support and suicide prevention services.
131 114

MENSLINE AUSTRALIA

AVAILABLE 24 / 7

A free telephone and online counselling service offering support for Australian men anywhere, anytime.
1300 789 978

TRANSLATING AND INTERPRETING SERVICE

AVAILABLE 24 / 7

Interpreting service provided for people with limited English proficiency and for agencies and businesses that need to communicate with their non-English speaking clients.
131 450

BLACK DOG INSTITUTE

AVAILABLE 24 / 7

Empowering Better Mental Health across Australia.

KIDS HELPLINE

AVAILABLE 24 / 7

Australia’s only free (even from a mobile), confidential 24/7 online and phone counselling service for young people aged 5 to 25.
1800 551 800

SUICIDE CALL BACK SERVICE

AVAILABLE 24 / 7

A free nationwide service providing 24/7 phone and online counselling to people affected by suicide.
1300 659 467

NATIONAL INDIGENOUS CRITICAL RESPONSE SERVICE

AVAILABLE 24 / 7

Providing emotional and practical support to families impacted by a loss from suicide or other fatal traumatic incidents.
1800 805 801

HEAD TO HEALTH

AVAILABLE 24 / 7

help you find resources for understanding and managing what you’re experiencing.
1800 595 212

QLIFE

3PM TO MIDNIGHT
7 DAYS

Provides anonymous and free LGBTIQ+ peer support and referral for people in Australia wanting to talk about sexuality, gender, bodies, feelings or relationships.
1800 184 527

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