In order to determine whether you should file a bankruptcy at all, the first thing I would suggest is, if you are having financial difficulty, you should consult with a bankruptcy attorney in your area that's experienced in consumer bankruptcy law, and they can give you your options. There's typically two chapters of bankruptcy that are available to consumers, which is Chapter 7 and Chapter 13. Depending on your income and your circumstances, one may be better than the other. The other alternative, there are non-bankruptcy alternatives as well, such as debt settlement, debt consolidation. You will want to speak with a professional in your area, so that you can best determine what your options are, and what's best for you.