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Most of us fail to notice the warnings that are on our way to debt. One fine day we are already knee deep in debt we wake up to realize that we are at the verge of bankruptcy. We do not see it coming until our bills go unpaid, harassing calls from the financial institutions and legal notices. So to keep yourself out of serious trouble, pay attention to these warning signs.

Is it already a new month?

You find your bills coming faster than before. You feel that you have just cleared your bills, your next dues are already at the doorstep. You try hard to catch up with them and still find a bill or two is pending while some of them are defaulted.

 

Writing checks frustrates you as you realize that you have more checks to be written. You never seem to catch up with your bills despite your efforts. You start receiving past due notices which you have not seen until few months ago.

Your long list of past dues seems to append making the list longer every week. Your bank gets a notice that your property taxes have not been paid yet. Your credit card bills starts displaying huge balances. You get your letter from your hardware store asking to pay up the dues immediately. You are not surprised anymore of such letters. You no more get the gripe in your stomach when you see one such letter. You have just got used to them seeing them so frequently. You have started attending calls to apologize for your missed bills, you start arguing with your telephone service provider as they warn you that your lines are going to be disconnected. You just happened to pay one of your bills after your creditor threatened you of going to the collection agency. In general the word bills make the blood surge to your face. You start wondering, ‘Will it Ever Stop’. Next Page

   

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