No matter how deeply you鈥檙e in debt, there鈥檚 always a way forward. However, to regain your financial footing, you鈥檒l need to work with a professional. Here are seven signs it鈥檚 time to get help dealing with your debt.
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1.听听听听听 You pay monthly expenses (bills and rent) and purchase essentials such as food and medication on credit because you don鈥檛 have enough in your bank account.
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2.听听听听听 You take on new debts as a way to pay off old ones.
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3.听听听听听 You continually draw on the money you鈥檝e put aside for a home, retirement or other future purposes.
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4.听听听听听 You pay your rent or mortgage late or skip payments due to a lack of funds.
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5.听听听听听 You鈥檙e living beyond your means by continually spending money on non-essential expenses.
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6.听听听听听 You鈥檙e receiving an increasing number of letters, emails and calls from creditors.
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7.听听听听听 You have an unhealthy level of stress due to your financial problems.
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Your best resource for overcoming debt issues is a reputable credit counsellor or licensed insolvency trustee.
