BANKRUPTCY!! Pushed to the edge....

[Little Blue Book]

Well it’s been over one and a half years since qualifying and still no job and yet the debts keep mounting. It’s got to such a point now that I am really struggling to keep my head above water and I can’t seem to get employment that is well enough paid to service my debts. The (F)ATPL can be a real hindrance on your CV to non-aviation employers!
Anyway, I was just wondering if any of you may have been in the same position as me and have been down the bankruptcy route. I’ve read much about it on www.insolvency.gov.uk but I’d just like to get some personal feedback or advice.
Thanks folks!


NB. I know that many do not agree with bankruptcy as it is this that has turned HSBC away from funding us modular guys; and I wholly agree. However, I borrowed the money with the absolute intention or repaying my debt to the bank, as without their assistance I would not posses that little blue book. But with the airlines unwillingness to consider low hours pilots and their increasing reliance on us funding our own type ratings, I have been pushed into a very tight corner. !