What are the "pros" and "cons" for going bankrupt?
Well I would say that the pros are getting out from under the debt that you cant afford, but you should only do it once you have explored all of your options. The cons of it is that you will not be able to get a good rate on anything that you buy for a long time and personal loans are not gonna happen for a long time. Make sure that you start rebuilding your credit as soon as you can and reaserch which chapter you want to file before you do it there is chapter 7 and 13
