YOUR INCOME IS A FACTOR.
If you decide to file for bankruptcy, your income plays a part. Anyone can start the process, but making too much money can limit your options and cause you to file for Chapter 13 and have a big effect on the way you restructure your debt.
YOUR CREDIT CAN BE AFFECTED, BUT I CAN HELP.
Don’t rush into filing for bankruptcy. Bankruptcy affects all aspects of credit, from getting loans and using credit cards. The effects last for 10 years and is a matter of public record — meaning employers, lenders, and government can look at your finances.