Are you currently struggling with money and you can't always pay the bills? If so, you could benefit from the help of a certified credit counselor. The counselor can evaluate your current finances and help you live with less financial stress and worry. Here are some indications that you may need debt counselling in Edmonton.

You Live Paycheck to Paycheck

Do you currently live paycheck to paycheck, struggling to pay all of the bills you have each month? Many people think they don't need financial help if they are eventually making the payments, but this is a sign you need some financial counseling and credit help. The credit counselor is certified and trained to deal with money management problems and budgeting.

Debt is Growing Fast

Did you have a few small credit cards and debts, but now they are growing out of control and you can't make the minimum payments? You need to get control of this situation before you end up with more debt than you can ever pay off, and before you end up filing for bankruptcy.

 The credit counselor can talk with the company you owe money to about getting the debt under control, and they can close the account to stop more late fees and interest from accumulating. The credit expert may also get the company to settle the debt for less than you currently owe.

You Have Considered Bankruptcy

If you have ever considered filing for bankruptcy, you would have to meet with a credit counselor in advance anyways. The counselor will look at your bills and income to see how you could pay things off, and to determine if you qualify since they are educated with the laws and regulations of bankruptcy. If they think you can get out of your financial burdens on your own, they may not suggest you file for bankruptcy. If they recommend that you do, they can help put you in contact with a trustee that will help through the process.

You will have to pay for your credit counselor so interview more than one until you find a professional that you like and trust. You will have some financial changes and struggles to get out of the hole, but it's worth it in the end. If the counselor thinks bankruptcy is your only option, you want to file quickly to stop the bill collectors from calling and mailing statements, and to stop the debts from accumulating