Shouting From the Mountain Top: Halleluia! We've Gone Bankrupt!

So, we've been struggling to keep our heads above water for about 7 years now. I've tried to be good and do the right thing with my money. What I never realized was that our unsecured debt was never going to go away with the amount of money we made. We could only ever pay the miniumums and that will never be enough to make any progress.

I also fell for the bait that home ownership was the American Dream. I kept going down that path and sinking deeper and deeper. Looking back, I don't know why any bank in their right mind would have leant us the money to buy a house. Of course, we all know now that they weren't in their right minds.

But now, we're free. We get a second chance to do things right. It's like, when you're in your 20's, there's no tomorrow. We spent money we didn't have on luxuries because it was fun. Then we had to spend money we didn't have on necessities because all our money was going to the creditors. It was a snowball ride to ruin. But now, we can be forgiven and we have the opportunity to be smart, grown-up and mature about money.

I'm very sorry that I screwed things up so badly. But I'm super-grateful that there's a way to reboot.