The Bankruptcy and Financial Center

Are Your Finances A Ticking Time Bomb?

Answer the following questions either YES or NO:

YES
NO

Have you or your spouse have recently been laid off or lost your job?

YES
NO

Have you recently been through a dissolution or expect to go through one soon?

YES
NO

Do you spend more than 33% of your take-home pay on housing?

YES
NO

Do you spend more than 25% of your take-home pay on your total transportation needs (Car payment, car insurance, repairs and gas)?

YES
NO

Have you had more than one cash advance greater than $500 in the last few months?

YES
NO

Do you owe more than 2 months' salary on your credit cards?

YES
NO

Are you borrowing to meet regular expenses, such as food and utility bills?

YES
NO

Can you barely make the minimum required payment on bills?

YES
NO

Are you using one form of credit, such as a line of credit or debt-consolidation loan, to make payments on other debt?

YES
NO

Are you using 25% or more of your take-home income to pay credit card bills and personal loans (excluding mortgage payments)?

YES
NO

Are your revolving credit cards charged to the limit?

YES
NO

Have you bounced more than one check in the past year?

YES
NO

Do you have no cash reserve?

YES
NO

Are you so far behind on credit payments that collection agencies are after you?

YES
NO

Are your financial problems affecting your health or family relationships?

Click on this button to calculate your SCORE

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