At some point in their lives, everyone experiences problems with money.
Financial problems aren’t necessarily the result of poor money management. Sometimes situations beyond our control, such as divorce, death of a spouse, health problems or a change in household income can lead to financial hardship and further danger like bankruptcy.
While every case is unique, there are often warning signs of financial danger. Here are some common financial danger warning signs that you should watch for:
Your credit cards are always “maxed out”.
You’re using advances from a credit card to make bill payments.
You’ve missed a loan payment.
You’ve missed a mortgage payment.
Collection agencies are calling.
Legal action has commenced.
If you’re suffering from any of these “symptoms” you should consider getting some professional help. Our initial consultations are always free and our goal is to help you get a fresh financial start.
The best step to avoiding bankruptcy is to prevent it at the first signs of financial danger.
If you have any of the above financial danger signs contact us today. We can help!