If you answered "yes" to any of the above questions, you should consider filing bankruptcy. Sometimes average people find themselves in out-of-control situations, like losing a job, losing a loved one or having a serious illness, which keeps them from paying the debt that they have incurred. This may be at the fault of no one, but it is reality.
A Second Chance. For most people, filing bankruptcy is considered the last resort, but actually it could provide a "second chance". Filing bankruptcy can relieve stress and provide the opportunity to rebuild your life, your finances and strengthen your family.
Debt Counseling. Some clients have already tried consumer debt counseling and have paid hundreds of dollars every month to a debt consolidation company, who will in turn pay their debts for them. Statistics have shown that at least 75% of the time, that process will fail and the person drops out of the debt management program, but only after they have paid out so much money on the debts that they will eventually bankrupt.