Just to pick up on one of your points here, I think your view is a tad extreme saying that its your fault you can't get a job! And I'm sorry but working in McDonalds is not going to service a debt of £1000/month plus living allowances is it?
Neither is a F/O salary at the bottom end of the TP scale (£19-24k).
Now, that isn't a result of the current climate, ..it's been that way for years.
Fact is, for years Integrated FTO's have sold the 'step into a jet job' scenario as the norm, when it never was.
Now more than ever it's a case of buyer beware.
There are still jobs out there, but you will have to work your way up to them and that will be extremely difficult with a mountain of debt to service.
Now, in amongst WWW's attempts to prove his in-depth knowledge of economics and bankruptcy law, there is a very simple and wise underlying piece of advice which, is very sound...
Avoid the sales patter of the integrated FTO's and CTC schemes,..don't burden yourself with any debt you can't service other than perhaps a CDL.
Forget Integrated, take time, and whatever job is on offer, even if it does involve a propeller.
But PLEASE, don't come into this business thinking that bankruptcy is the simple plan B!! That stinks to high heavens!!!!!