Even with the best of financial planning, hard personal economic times can happen, and they can be severe enough that anyone can find themselves suddenly struggling to make ends meet. People can become overburdened with debt with very little notice, and often times this is due to events out of their own control.
It can happen, and it can happen to anyone.
When overwhelmed by your current financial situation, don’t ignore it and hope that it goes away or magically improves on its own. Take every step that you need to in order to increase your income and reduce your debt. Consult with a qualified bankruptcy lawyer. It’s always best to speak with an attorney with expertise in your home state, such as Richard S. Feinsilver, ESQ who specializes in bankruptcy law in New York.
Always consider all of your options, and rely on professionals for legal advice.