I have an uncomfortable question to ask <img src="/forum/images/graemlins/ugh.gif" alt="" /> but I need to get some advice. My financial situation is fairly bleak (sp?) and I am struggling with the concept of bankruptcy. Not for the 10 year negative mark on my credit record but rather the moral implications of it.

I have always believed that it was wrong to go into bankruptcy and my reasoning was that it was wrong to break the promise to pay made when borrowing money either from a bank or on credit card (i consider that a loan also).
Now I am faced with a situation that I cannot pay my normal utilities and have the Credit Card people coming after me. I can't work anymore hours, I am already working about 50-60 hours a week (2-3 days a week I am working 7am to 10 pm) and still start the month with a negative bank balance (usually $200 - $500)

I don't want to do the bankruptcy thing but it doesn't seem I have much choice. I know I've made bad career and financial decisions and I'm recieving my just due but I'm trying to dig myself our without my family suffering more than they have already.

Any ideas? Is bankruptcy a moral issue or is this just a fundamentalist leftover in my theology?

five sola