Most of us have issues when it comes to money and in this economic turmoil, many are going into heavy debt but a lot of people do not realize that they have a problem so they do not seek professional help for immediate debt relief.
So, when is the right time for you to go to a debt expert for help? Here, I will list down some possible situations that you may face.
If you have more than 5 of these situations, it is time that you stop trying to clear your financial woes yourself but get expert and professional help.
I know, many of you would prefer to do it the usual way: through self-help.
But trust me, if you are really way in over your head in debt with no clear solutions in sight, you may just end up being buried in debt.
This is no joke.
You need to take your financial situation seriously first before you will be able to solve it and become debt-free again.
Financial experts will be able to provide you with sound financial advice for you to clear your debts and how to stay out of debts in future.
Now, let's look at the possible situations you may have now:

• you are suffering from pay cuts so your income is reducing and yet, your credit card bills kept increasing
• you just managed to scrape by with paying the minimum amount to your creditors.
  Worse still, you may have skipped a payment or two.
  
• you are using short term solutions which brings you more bills such as getting a brand new credit card and withdrawing cash from it to pay your other credit card bill.
  
• you practically survive on credit card and you have so many credit cards, you have lost count how many you actually had!
• you have reached the limit on some of the cards and nearing the limit on others.
  
• you spend more on your credit card than you are paying up for, say, you spend $200 a month but you only pay $100 a month.
  
• you work extra hours or got a second job just so that you could pay up some of your credit card bills.
  
• your creditors are hounding you about late payments
• you are drying out your savings accounts just to pay up your bills.
  
• you know you owe 'a lot' to your creditors but you dare not (or did not bother) to find out the actual full amount you owe
• your credit card has become your cash, you use it because you no longer have enough cash
• you even use credit cards to pay for food, gas, grocery items.
  
• every time you receive an unsolicited offer for credit card, you sign up for it and start using the card immediately
• your spouse does not know about your debt problem because you hide it from her/him
• you have just lost your job and the only way out of your debt problem seems to be bankruptcy

If you have been any of these situations above, it is time you take a long good look at your debt problem, admit you have a problem and immediately seek expert advice for some debt relief.