If creditors wont accept a fair and reasonable offer you can afford to sustain then be brave and use The Bankruptcy Act as have 26000 others have to seek relief from commission driven Collectors. Ride the tide of credit exclusion and rehabilitate your integrity. What could be the worst thing that could happen? The only way is back up the ladder and Finance and Government know this. Recovery comes at a price in the turmoil of a Global and Local Financial catastrophe.