Are there ways to tell if I am in financial trouble in Ontario?

There are many warning signs that you are having financial problems. Everybody's situation is different, but here are some common ways to tell if you are in financial trouble in Ontario.

• Your credit cards are always "maxed out"

• You take a cash advance from one credit card to make a payment on another credit card

• You have a pile of unopened bills on your kitchen table that you are afraid to open

• You have missed one or more loan payments

• You’ve missed a mortgage payment

• Collection agents are calling you at home and at work

• Collection agents are threatening you with legal action

If this sounds like your situation, you should consider getting some professional help. You can contact a bankruptcy trustee in Ontario for a free initial consultation. They will review your situation, and help you understand your options.

Your financial problems may have been caused by a job loss, a marriage break up, or a medical problem. Regardless of the cause, money problems usually don’t go away on their own. We outlined several ways to tell if you are in financial trouble in Ontario. The sooner you get help, the sooner you will get a fresh start, so contact an Ontario trustee today.