After 25-plus years of bad habits and fooling myself, my situation has come to a head.
I wish that I could point to medical problems or household crises to place the blame, but the truth is that the blame lies squarely on my shoulders.
For many years I have made my payments on time. There have been plenty of scares, but there were always tools to work my way out it temporarily. I've liquidated 401k's, stock options, refinances of my house with cash out -- all of it holding off the inevitable.
Things were already tight, but then my wife lost her job. Now, for the first time in 25 years, I have no clever escape route. Time to "pay the piper".
I have a good career. I make good money. I should have been able to fix this years ago. I didn't and now I have to file bankruptcy.
For most of us, this is a real hit to the self-esteem. Over at my blog "Going Through Chapter 13 Bankruptcy - Confessions of a Spend-a-holic" I am doing plenty of navel contemplation. There's no advertising, I am making no money off of this. What I am trying to do is tell my story and try to relate my feelings and experiences so that I can come to terms with it. You're welcome to come on over and join me. I can't post links, but it's over at Blogspot and you can likely search for easily on Google.
Meanwhile, I need to pay for my financial indiscretions. May this be the wake-up call to finally change my behaviors.