Are you finding it immensely difficult to pay down your debts? Are you getting constant calls from creditors and debt collectors? If so, then you can consider filing bankruptcy in order to tackle these problems. Bankruptcy helps you discharge both secured and unsecured debts. If you file Chapter 7 bankruptcy, then you can get rid of debt within 3-4 months. If you file Chapter 13 bankruptcy, then you'll be able to pay back your creditors within 3-5 years. Just make sure you consult an attorney before filing bankruptcy. The attorney would help you face and answer all sorts of questions asked in the 341 meeting. In addition to that, he would help you submit all the required papers on time. This would prevent your bankruptcy case from being dismissed.