Re: BANKRUPTCY!! Pushed to the edge....
As Atreyu points out to A320rider,
You take on a loan; therefore, it is your responsibility to make sure you can make the repayments. If there are those out there taking on more credit to pay for a type rating and or line training, then so be it. But it is there responsibility to repay the money and decide if it is worth the financial investment.
Many people for one reason or another find themselves falling behind with payments, the classic situation is becoming unexpectedly unemployed. This places a high degree of stress on your life as banks and lending agents are straight on your case day after day for there money.
The thread mentioned earlier is a good start, but think long and hard before declaring bankruptcy.
Happy New Year all
Mr W