Our kids don't know what a holiday is. We took a picnic to the park last week and the 6 year old asked us if this was our holidays. My wife started crying as they both looked at us expectantly for an answer. I eventually answered "Yes", and they were happy, but my wife had to throw in "but we'll have a better one next year".
so-crates, that's great advice and much appreciated, but it doesn't sit well. We've developed an attitude of "we've been through this crap for several years, and it needs to end ASAP". However wrong that may be, I think what we've been really looking for is the quickest way out of the situation. As far as we're concerned, our credit rating is gone anyway, so the chances of loans in the future are slim to none.
We've spoken to a guy who has applied or will apply to be a PIP, (he's a friend of a friend) and he also brought up the option of a UK bankruptcy, so that's kind of at the forefront of our thinking.
But just as we open our minds to the possible solutions, I got a phone call last night from a friend wondering if I know anyone in Australia. He wants to expand his online business to there and needs someone on the ground at the helm. His exact words "I need someone like you with the same experience and qualities". So that got me thinking. The salary he's offering is a decent one and selling the car and the rest of our stuff would give us about 25K which would be a decent start in Aus. But going there would obviously not address the debt we have while a bankruptcy in the UK would most likely get it sorted within 18 months.
It's all very daunting. I'll look for the appropriate section on AAM to find out about walking away from the debt and effectively disappearing (even with 50k a year in Aussie dollars, I can't see us putting much of a dent in our debts here, but I haven't thought it through fully), but if anyone has an opinion or information it would be much appreciated.
Thanks again for all your help.