Almost every one of us experiences some level of financial difficulty in our lifetime. Sometimes, we have no one to blame but ourselves, whether it be due to uncontrollable spending, poor money management or just plain being irresponsible. Other times, the situation may be beyond our control: separation, loss of employment, health reasons, or a business failure. Here are some of the warning signs you should be on the look out for:
> Your credit cards are always maxed out
> You use cash advances from one credit card to pay another
> Minimum payments on your credit cards are all you can afford
> You have missed a loan or mortgage payment
> You get calls at home and at work from collection agencies
> Your creditors are taking legal action against you
> Your finances are affecting your health and personal relationships
If you recognize any of these bankruptcy warning signs, you should seek out professional help. A trustee in bankruptcy is qualified to evaluate your specific financial situation and recommend a solution for your problem. You may not have to file for bankruptcy: a consumer proposal might be right for you. The best thing to do right now is e-mail or call us to schedule a consultation. Our telephone number is 310-PLAN. Don’t wait for your creditors to start taking action against you; take care of your problem as soon as you notice it.
