It is important that people continue to pay their mortgage if possible and use the money they are not using to pay off their debt, hire a lawyer and pay government bankruptcy costs. Second, if you have government student loans and qualify for student loan forgiveness, it is important to only pay the bare minimum on these loans because they are likely to be forgiven in 10 years or less if they are not reimbursed and that's better. to make better use of your money. The most dangerous type of debt today is student loans. These loans cannot be forgotten in bankruptcy (except in extremely rare circumstances such as severe lifelong disability) due to a bill passed in 2005. Even in bankruptcy, there is no no income-based repayment or loan forgiveness, so they can continue to harass you. and you can continue repaying these loans forever, especially because of the extremely high interest rates on these loans. However, if you took out these loans and they are still manageable, you need to take care of them now and repay them in full before they collapse.