Why should you take full responsibility for your debt if it wasn’t your fault to begin with? Taking full responsibility is empowering for you. If you take full responsibility for the situation you are in, then you have the power to get out of that situation. Don’t blame it on the credit markets or the recession or your alcoholic significant other who drained your bank account and abandoned you. Yes, accidents happen, disaster occur, credit markets crash, and people leave people. This isn’t a matter of blaming you, blaming the victim. Rather, it is empowering because if you can see where you have control of your situation, you can get out of the mess.