Category: Bankruptcy

Addicted to Spending and Accumulating Debt?

If it is increasingly more and more difficult for you to stop spending and stop accumulating debt, it may be the right decision for you to seek help and advice from Debtors Anonymous (DA). They are a non-profit organization that provides a variety of support for people who are unable to stop spending and break their bad habits. They provide group meetings for members and members are all from all financial and social backgrounds both male and female. DA provides interested parties with a 15-question questionnaire and if you respond yes to at least 8 of the questions, it may be a positive decision to attend a DA meeting. Please research the organization or other similar organizations if you feel you need help but are uncertain of where to go for help.  Below is a copy of the questionnaire:

1. Are your debts making your home life unhappy?

2. Does the pressure of your debts distract you from your daily work?

3. Are your debts affecting your reputation?

4. Do your debts cause you to think less of yourself?

5. Have you ever given false information to obtain credit?

6. Have you ever made unrealistic promises to your creditors?

7. Does the pressure of your debts make you careless when it comes to the welfare of your family?

8. Do you ever fear that your employer, family or friends will learn the extent of your total indebtedness?

9. When faced with a difficult financial situation, does the prospect of borrowing give you an inordinate feeling of relief?

10. Does the pressure of your debts cause you to have difficulty sleeping?

11. Has the pressure of your debts ever caused you to consider getting drunk?

12. Have you borrowed money without giving adequate consideration to the rate of interest you’re required to pay?

13. Do you usually expect a negative response when you are subjected to a credit investigation?

14. Have you ever developed a strict regimen for paying off your debts, only to break it under pressure?

15. Do you justify your debts by telling yourself that you are “superior” to the “other” people and when you get your “break”, you’ll be out of debt?

Contact Rumanek & Company Ltd. for more information on bankruptcy and debt solutions. Or please fill out the free bankruptcy evaluation form, to learn more please visit our YouTube. Rumanek & Company have been helping individuals and families overcome debt for more than 25 years.