What are the warning signs of financial trouble in Ontario?

Most people know that they are having financial problems, but often they don't realize how severe their problems really are. Here are some common ways to tell if you are in financial trouble in Ontario.

You are afraid to answer the phone, because it might be a bill collector
You have a pile of unopened mail on your kitchen table or desk; you are afraid to open your bills
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 trouble sleeping because you worry about your debt payments
You have missed one or more loan payments or mortgage payments
You have taken out a payday loan, or a loan from a finance company at a high interest rate
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.