Two years ago my husband and I were told by a credit counseling bureau to file bankruptcy because of the credit debt we were drowning in. The bankruptcy law would allow us to dismiss all the unsecure debt we owed. At that time, I could not bring myself to go through this because I felt that even though we have paid huge amounts of interest to the credit card companies, we still had an obligation to pay these bills off. It felt like we would be just as bad as the credit card company if we walked away from this debt.
During the two years since then, I made many attempts to find ways to pay down this debt; but, with four kids, it just seems one thing after the other keeps me from staying on top of the payments. I had garage sales, cut coupons, tried getting second jobs; but for every inch I gain, it seems to be set back by another foot of expenses. Now I am very unhappy about the mess we are in and have begun to reconsider the bankruptcy option. Do you have any advice about the moral implications this may have?