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Do you find yourself mechanically paying bills with practically no income left? Do you dread picking up the mail each day? Are you paranoid about being hounded by creditors? These are clear indicators of a debt crisis, but do not give in yet.Debt problems are common; the extent to which your financial health is affected by them is what we need to pay attention to. Learn to confront the situation, gear up and work on an appropriate debt management solution. Thinking along the following lines may help you arrive at a solution.How deep are you in debt?Being unaware of the depth of your debt is more dangerous than the debt problem itself. Take stock of your finances, and make a note of all past regular and overdue payments. Do not just say, “I need money.” When you specify the need for cash, try to make an approxi Mis Sold PPI mate estimation of the amount. Make a list of all the debts that need to be paid off in the shortest amount of time possible. Be aware of how much interest is paid on your mortgage, auto loans and bonds. Once you accomplish this step, you may start to feel better.Review your expenses.Make a list of all your regular expenses. You should be able to assess the necessary expenses and the ones that seem extravagant. Consider the following points:Is it possible to increase your salary, perhaps by working overtime?Am I spending too much on my credit card?Can I save on gas?Develop a hobby to engage your leisure time more fruitfully.These are just a few among many ideas you could think of to reduce expenses. Always remember that you are the best judge of your situation; no one else can step into your shoes to help you.