No one borrows money or goes into debt with the intention of filing bankruptcy.  Most people borrow money when emergencies arise or things come up.  However, there are circumstances that happen to prevent people from paying their bills as they intended. This is when bankruptcy may be the best option to alleviate the debt burden.  If you are struggling to pay your debts but the balances do not go down or you find yourself borrowing money to pay back money, you need to consider bankruptcy.

For more advice and information read, “When should you consider bankruptcy?”