Many people think there is a magic number for being eligible to file. The decision to file is an individual decision that is based upon a lot of things, besides just the amount of debt you have. It depends on your particular circumstances of income and expenses. Factors such as how much you can afford to pay back, job stability, age, family needs, and health problems are all to be considered.
Part of what a good bankruptcy lawyer will do it go over your situation and discuss how bankruptcy will affect you. The bankruptcy attorney should give you whatever recommendations they can, and explain why they recommend that you look further at that option. We will help you through the process. Call or e-mail us today for a free consultation.