There are two ways of looking at this - carry on feeling really guilty about taking a modest holiday when you knew the credit was going to run out, and allow this to eat away at you for the next few months, or do something positive to pay the money back to the best of your ability.
Correct the purchasing of the holiday was a little reckless, but understandable at a time when you were probably feeling a little low and uncertain about your financial future. I had a client once who purchased thirty pairs of Jimmy Choo shoes the month before her IVA, knowing that she would not see another pair for some time. (Most of us would be happy with one pair - but I am afraid my feet are too big!!)
You have done nothing really wrong - and every time a bank issues someone with a credit card, or gives an unsecured loan they take a risk. Now it is time to put this behind you and look foward to a for more certain financial future.
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp
See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
