According to financial guru Suze Orman, filing bankruptcy is a better option than sticking your head in the sand and ignoring the problem.  Clients may not like the idea of filing bankruptcy; however, it is a stark reality for many.  By not paying your bills and ignoring the situation, you are still coming to the same result as if you file a bankruptcy – – you bills are not paid. The difference is that your creditors can sue you and obtain judgments without a bankruptcy but with a bankruptcy, you can be discharged from those debts for a clean start.

For more read the article at, “The good thing about bankruptcy.”