I'm going through exactly the same at the mo,
to the point where I have to declare the big bankruptcy. I was struggling with repayments etc and on an IVA, but 2 years in the baby turned up and my wife was made redundant by her bastard ex-boss. The IVA's just cancelled before Xmas and I'm waiting to sort out the declaration with Citizen's Advice.

Initially, I was more ashamed than anything; I'd tried to avoid this from happening and was proud that I'd taken responcibility in trying to face these head on and deal with them, but since finding out this is going to happen, rather than fearing for me daughter's future etc I've come to realize that whatever happens with the banks etc I've still got me family at the end of it. Plus because I don't use credit at all the only thing that happens is that me name gets stuck in the paper once. I don't get effected in any other way, which is utterly bizarre.
No wonder there's a damn credit crunch :p
( Jeccius Steam Borderlands 2 junkie, Fri 16 Jan 2009, 8:17, Reply)