My brother in law went thru bankruptcy. The important part was to keep the mind focused on the future. Bankruptcy helps break some debts and reorganize other debts. Bringing order in one’s financial life. The attitude to look forward to a brighter future is needed. When one door closes, a window opens. My brother in law had opened up a restaurant and partnered with a married couple. They decided that they were the major shareholders and would control the money. So, $140k in and signed into contracts with more debts. They went into business together. Soon, the couple showed their true colors and made their move to control everything. Very soon, the partners fought and a split was inevitable. But, instead of a smart move to divide the business. They sabotage each other. Lawyers were hired. More debts. More money borrowed. Eventually, finally things were decided by the bankruptcy judge. Then worked to get out of debt. About five years later, light at the end of the tunnel. People get themselves into these things and they need to get themselves out of it. Got to keep their minds on the future.