If you are in debt and have missed one or more payments, you may have begun to receive calls, letters and/or emails from your creditors. If you are several payments behind, you may be receiving communications from debt collectors and collections agencies. Creditors and debt collectors may attempt to communicate with you so frequently that you begin to dread the sound of your phone ringing and the knowledge that the daily postal mail has been delivered.
Sometimes it can be truly difficult to determine whether or not you are in real financial trouble. Especially if you are young, you have recently assumed new major expenditures or if you are in the middle of a major life transition such as marriage, divorce, the diagnosis of an illness, job loss or recovery from an accident, it may be uniquely difficult to make heads or tails of your bills. However, a few signs should serve as red flags that it might be time to speak with an attorney experienced in bankruptcy and other forms of debt relief.