The consumer loans of German private households put on more than 200 billion euros. More and more individuals file for bankruptcy. The consumer loans of German private households put on more than 200 billion euros. More and more individuals file for bankruptcy. The gap between Gering – and better earners is growing steadily and inexorably on.

So even with the Wagner family. The financial budget was already getting scarce but today everything has changed exactly. Although the parents of two children work rent, rising costs, life entertainment and food prices and the one or other purchase partly through credit tear a hole in the budget. Money to save in the rarest of cases remains at the end of the month. This approach is as long as well until something unexpected happens.

Just as at the beginning of the month at Olaf Wagner. The order situation in the company where he works is always falling, the mood is tense for weeks. OLAF is now afraid to lose his job, he was hired as the last. Would he his job now lose the life of the Wagner of family would reverse itself completely in the opposite direction. Even if Sabine, the wife of OLAF, also work, rental prices, costs and food prices remain at the current level, only missing income to pay all of a sudden this. In such a case, a tense situation can quickly lead in the over-indebtedness. But you have to let it come not only so far. In Germany, there are many charitable or governmental focal points to be in debt counselling help for free. When will the over-indebtedness? But what does over-indebtedness in the case? An over-indebtedness exists if exceed the monthly expenditure taking monthly. The debt spiral is continuing times slower, times faster. A way out of this debt is either spending reduce or increase the earnings but lighter than said.