Overwhelming debt does not just come to those who are careless with money. Debt grows and expands if you lose a job unexpectedly if a medical condition arises and you cannot pay for treatment, or even because you are seeking a divorce. Filing for bankruptcy is not an irresponsible thing to do but may be the key to a fresh financial start. If any of the following situations apply to you, you may benefit from considering bankruptcy.
In order to avoid paying for an attorney, many people facing serious debt decide to handle their bankruptcy proceedings on their own. However, most people don't really understand the nuances of bankruptcy law and there are many bankruptcy myths out there.