You're not alone.  If you are contemplating bankruptcy, that's important to remember.  In an economic time when even the world's largest companies declare bankruptcy or get bailed out, it can be especially challenging for individuals and small businesses to keep their heads above water.  In many cases bankruptcy may provide some relief and allow you to get back on track.

Many people are understandably hesitant about bankruptcy.  Bankruptcy isn't right for everyone but if it is something you are considering, it's a good idea to speak with an attorney as soon as possible.  If you chose to file, this will generally maximize your ability to have a successful bankruptcy and protect your rights and your property.

Below, is some generic information on some of the different types of bankruptcies available.  You are strongly urged to consult with an attorney for more detailed information.

A note on Debt Settlement Programs: There are many companies who offer alternatives to bankruptcy.  Some are legitimate and others simply prey on peoples' desperation.  If you are considering working with a debt settlement company, you are strongly advised to research the company before contacting them.  The Federal Trade Commission and the Better Business Bureau are both good resources for this.