Jason's spending has been out of control for months. Most of his income is spent paying credit card bills, and he needs to borrow more just to pay rent. Jason's debts keep growing, and he is falling behind on some payments. Jason thinks he may have to declare bankruptcy, but he is worried that it will have implications if he wants to get a loan in the future.

Many Americans find themselves in serious debt. The creditors keep calling and the debt just keeps growing. For some individuals, bankruptcy law can provide a relief and a fresh start. The purpose of this chapter is to provide you with information that will help you make informed choices and to provide references to other sources of information about bankruptcy. Also, see Chapter 3 "Family Law," for topics regarding bankruptcy and marriage, and Chapter 7 "Consumer Credit," for bankruptcy-related discussions.

1. Introduction to Bankruptcy
1. Bankruptcy Defined
2. Alternatives to Bankruptcy
3. The Process of Filing for Bankruptcy
4. Working with a Lawyer
2. Straight Bankruptcy: Chapter 7
1. Chapter 7 Defined
2. Chapter 7 in Action
3. Chapter 13: Wager-Earner or Individuals with Regular Income Bankruptcy
1. Chapter 13 Defined
2. Chapter 13 in Action
3. Payment Plans
4. Chapter 7 or Chapter 13?
1. Whose Choice?
2. Advantages to Each
5. Saving Your Home