As I've been roundly condemned for saying in the past - there are loads of Wannabes going bankrupt and shed loads more planning or going to be forced to. There are even two threads running on the private CTC forum about it (your defences are weak Dibden).
Its the only sensible thing to do. Owe £75k+ and scratching a living whilst living with parents and owning nothing = go bankrupt. You'd be certifiable not to.
Really. Certifiable.
WWW