More signs
- You are bouncing checks and/or you rely on the “float” method of paying bills (hoping you can get funds into the account before the check clears)
- You hide credit card expenses from your family
- You're not sure how much debt you owe.
- You are denied credit.
- You're at or very near the maximum credit limit on your credit cards and other loans.
- You get occasional calls from collection agencies.
- You do not think of credit as debt
- After paying your credit card bill, you increase your balance by the same amount or more the next month.
- You have a high debt rate compared to your income
This is a complicated area of law and an attorney should be consulted on all matters relating to bankruptcy. The information on this website is provided with the understanding that the authors and publishers are not herein engaged in rendering bankruptcy, legal, insolvency, tax, or other professional advice and services. As such, it should not be used as a substitute for consultation with professional bankruptcy, insolvency, tax, legal or other competent advisors. While we have made every attempt to ensure that the information contained in this website has been obtained from reliable sources, Credit Advisors Foundation and Arbor Investment are not responsible for any errors or omissions, or for the results obtained from the use of this information.