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Debt can overwhelm you
If you're affected by any of these warning signs of debt, don't wait - contact Groupe Serpone today! We'll help you find practical, long-term solutions to your debt problems.
Signs of serious debt
- Cheques returned NSF by a financial institution
- Difficulty paying monthly bills (electricity, rent, cable, etc.)
- Basic expenses must be paid by credit card due to insufficient funds
- Make only the minimum payments on your credit cards
- You use one credit card to pay for another
Warning signs of financial trouble for a company
- Loss of a major customer
- Significant drop in business volume
- Aggressive competition
- General market downturn
- Increased production costs
- Very high fixed costs
- Lack of liquidity
- Major IT problems
- Acquisition of a competitor at too high a price
- Major threats to the company
- Environmental issues
- Legal proceedings
- Customer or supplier bankruptcy
- Frequent absence of key personnel
- High debt ratio
- Financial information not updated
Think you're stuck in debt? Contact us today for your first free consultation!
