These days, many people are struggling to make ends meet and have debt as a result. If this sounds like you, working with an experienced debt attorney can help get your finances back in line. Identifying the signs that you’re in denial about debt is the first step towards getting out of it. Here are a few of the most common signs.

5 Signs of Debt Denial

1. You Don’t Open Bills When They Arrive

Paying bills is something that no one enjoys doing, but leaving them to collect on the dining table will not help. If you’d rather watch the envelopes pile up and the amount owed increase every month than make a payment, you’re in denial about debt.

2. Buying Items You Don’t Need

You already have a balance on your credit card, so what’s the harm in adding a bit more to it? This type of thinking is all too common, but it only pushes you closer and closer to chapter 7 bankruptcy. Your priority should always be paying down existing debts, whether it’s credit cards or utility bills. If you’re charging more on cards than you’re paying off, it’s time to get help.

3. Making Only Minimum Payments

Making minimum credit card payments only grows the interest charged on your account and increases overall debt. Seek out a debt attorney before you’re unable to even meet those minimum payments.

4. Not Setting a Budget

Without a firm budget in place, it’s easy to let debt pile up. However, when most people refuse to set a budget, it’s because they’re afraid to examine their finances too closely. But denying its existence does not make debt go away.

5. Everything is Maxed Out

When using credit cards to pay for everything from bills to splurges, you can quickly lose track of how much is spent. This often leads to maxed out cards and high levels of interest. If you’ve maxed out all lines of credit and don’t have the savings to pay for necessities, reach out to a debt attorney for help.

Looking for a debt attorney to help you improve your financial situation and get your life back on track? Contact Greg Dunn, Bankruptcy and Debt Relief Attorney in Honolulu, HI. Since 1996, he’s helped thousands of families settle their debts and navigate the complex process of bankruptcy and debt relief. Learn more about his services by visiting the website, and call (808) 524-4529 to schedule a free consultation.