Have you ever been severely in debt?

[Julieinparis]

I’ve name changed for this. I am very scared and anxious.

I am likely to lose a significant amount of money in a messy property sale (relationship break up, house also has problems) and will be in quite a lot of debt. I am trying not to panic until it happens but my heart keeps racing and I can’t stop thinking about it.

Have you ever been significantly in debt and how did you recover? Have you ever gone bankrupt and how did it affect your life once you weren’t bankrupt anymore?

My ex husband was declared bankrupt and I had to declare it on every house insurance application. A bankrupt living in the property had to be declared and in the first year I couldn't get any house insurance, from then on my insurance was really heavily weighted.