Many people hesitate to file for bankruptcy for fear of losing their possessions. However, the court has no interest in making people live in poverty in order to pay off debt. You have rights and options under the law.
If you are seasonably employed, self-employed, or working on reduced wages, you need to take time to understand the full impact a bankruptcy filing will have on your financial outlook. If you have equity in your home, you may benefit from filing for bankruptcy to protect it from being sold.