When it comes to bankruptcy, there's a lot of information you need to know.
Finding all of this in one source can be difficult and frustrating for many people.
You probably have a lot of questions at this point.
First and foremost, you are probably asking yourself if you even should file for bankruptcy.
If you're asking the questions and doing the research, then you're off to the right start.
This article will help guide you through some of the bankruptcy basics you need to know before filing for bankruptcy.
The Steps

1. What debts are you looking to get rid of? If you're trying to get rid of student loan debts, alimony, child support, or crime restitution debts, then bankruptcy is not for you.
   These are just a few of the most common forms of debt that drive most people to consider filing for bankruptcy.
   
2. Are there no other options? Filing for bankruptcy is never an easy way out.
   Are you sure you have explored all possible options? Look into debt restructuring, loan modifications, mortgage adjustments, refinancing options, and all forms of debt negotiation before turning to bankruptcy.
   While bankruptcy won't leave you homeless and penniless, it's definitely not a good way to get rid of debt.
   
3. Time to look at credit counseling.
   If bankruptcy is the only option for you, it's time to start thinking about credit counseling services.
   Before you can start filing for bankruptcy, you are required by the U.
   S.
   Department of Justice to go through credit counseling.
   The Department of Justice makes it easy to find an approved credit counselor.
   The site is updated regularly.
   
4. Find a bankruptcy attorney.
   Yes, it is possible to file for bankruptcy without an attorney, but it is highly advised not to do so.
   A good attorney can handle the paperwork for you, ensuring that you have the least amount of stress and undue worry during this difficult time.
   Also, a good attorney knows the ins and outs of the bankruptcy courts, making them invaluable.
   
5. Filing for bankruptcy.
   One you have filed, it's time to start anew.
   Avoid credit when at all possible, even if you think you can handle it.
   This is a fresh start, and a time of recovery.
   
6. Rebuilding credit.
   Rebuilding your credit will take some time, but starting immediately is the best thing you can do for yourself.
   

We wish you luck as you embark on this new phase of your life.
Practicing good money management skills from here on out can keep you out of the bankruptcy courts for the rest of your life!