Your creditors would like you to believe that only losers file for bankruptcy, people who are irresponsible and do not pay their bills. While bad financial choices certainly figure into some bankruptcies, most people in this economy have very little margin for error, or misfortune. Most of us are one major illness, job loss, or injury away from bankruptcy. Most of my bankruptcy clients filed for one of these reasons. Bankruptcy is just about the only area of the law where regular people can get a small advantage over the financial services industry, that is why they want you to think that only bad people file.