Written by San Mateo bankruptcy attorney, Jeff Curl
Here are ten warning signs that perhaps you should consider speaking with a professional about your financial situation.
- You have begun to use credit cards to pay for basic necessities such as: groceries, gasoline, heat, medication, electricity, rent, etc.
- You are making minimum monthly payments on your credit card(s) without any hopes of being debt free.
- You continue to transfer your balances from one credit card to another (or are taking cash advances).
- You have been denied additional credit.
- You are unable to increase your income, e.g., you have lost your job and can’t find another one, or you have a job but it doesn’t pay you enough to allow you to pay your bills.
- You are consistently paying your bills late (because the money is not there, not because you are disorganized or forgetful).
- You are being sued on unpaid debt, or your wage is being garnished.
- Your home is about to be foreclosed on.
- Debt collectors are harassing you.
- Your debt is causing you stress that is affecting your health and quality of life.
If one or more of the above applies to you, it might be time to talk to a San Mateo bankruptcy attorney. Life doesn’t have to be like this, and bankruptcy offers you immediate change.
