This person has accrued $30,000 in credit card and medical debt from past reckless spending. They also failed to file tax returns since 2004 and now owe the IRS $12,000 for 2007 taxes with likely additional taxes owed for other years. Due to the large amount of debt and back taxes owed following a period of irresponsible spending, bankruptcy may be a good option to get relief from this debt burden.

1. Should i file for bankruptcy?
Hello, okay i had a couple of wild years, but got married last year, started
d paying taxes and we have a new baby, but my wild times have caught up with me:
1. Owe about 30k in debt (Credit Cards, Hospital etc) 2. Did not file retur
ns since 2004, now the IRS is catching up with me and wants 12k for 2007, and i
am sure the other years will not look any better. I am sure they will be even hi