Hello Everyone. I am new to the forum, I would like to share my story about my current situation. I have a fanstanic partner and 4 young great children all boys. In December 2008 I make a stupid business decision that cost me over £6000 pounds. Over the last 7 years i have bought a house, sold the house and bought another house. Had cars on finance, had work done on houses put them on finance, i have had lots of loans, As you do when you have a family you do whats best, you put all your loans together to reduce the payments, put the loans secured on your house. Because of being young and not thinking, and borrowing to much money i am now £225,000 in debt, i have £40,000 on a debt management, £30,000 of this was with northern rock as part of the mortgage which they have now put as a charging order on the property. I have a further £120,000 mortgage with Northern Rock, £50,000 secured loan with picture and £15,000 secured loan with Welcome Finance, my property is worth around £120,000 in todays climate, bascially i am insolvent. I have missed payments here and there on everything, i am trying to pay all my debts which basically is down to me i lent the money, i wanted things i couldn't afford. I work full time for an insurance company, so going bankrupt could cost me my job, i am 31 years old and trying my hardest to keep a roof over my familys head, most people in my position i feel would through in the towel and go bankrupt I may well be wrong. Going through the last 17 months has been difficult, struggling to juggle money, worrying about the next bill, worrying about the kids, trying to still give them a life why should they suffer through my mistakes. My situation is down to me for lending to much money, but i'm still laughing and but mainly still breathing life is to short, the only way i know it to fight my way out of the situation. I am putting in overtime at work, trying hard to maintain my repayments, we have put our names down on the housing associaton as a back up; we have looked at just doing a voluntary repossion, selling the house but in todays climate we will more than likely loose money, every situation I have thought off, the most important thing over this mess is my family and keeping a roof over their head, stress, pain, worry is it all worth it, their are millions of people in my situation, but life is to short, if the worse happens it happens, but i will be strong and fight back, people my age are dying from cancer, millions suffering all over the world that have no home, or food I wonder how they feel. I have started a couple of part-time business doing telephone lines for commerical and residential customers, and a tax refund business, these are just ticking over and just about keep my head above water, but i need to focus on them massively to get me out of this situation. With the tax refund business they have also started doing mis-sold loans, so i decided to become my own customer, i have put 9 claims in for myself, 3 have been rejected, a couple of these were under £5000 and another one was my first mortgage, i still have six with solicitors I will let people know how these go, i have around another 30 that i have done for friends and family with solicitors to see whether they have been mis-sold. At the moment their are lots of bad press on this, you never hear of the the successfull claims, just companies trying to take money off you up front, we have one claim so far where the customer was mis-sold car fiance and payment protection for around £12,500 they are now awaiting there refund, i will happly let people know how the other claims go. So my situation is doom and gloom, but i am trying to do something about it, keep smiling.