<prompt> Human: Im currently making about 48k a year after taxes, healthcare. I have almost 20k on a credit card. This was the result of some poor spending choices, some spending on college classes because I dont qualify for any financial aid as well as helping out a two friends out of a sticky situation, for which I will never be repaid. So as you can see, Im not great with money, but I have been getting better about spending and even moved back home to save. Then there were the accidents: One guy turned left in front of me on my bike, which totaled my bike, and left me with medical debt, not sure about exact amount and the insurance company is only accepting 75 liability even though he was cited as being at fault. The same thing happened about three weeks later, and the guy totaled my car. That was mostly taken care of, but left me 2k in the hole on my old car loan. I dont know what to do at this point outside of getting another part time job on top of my full time job. I would hate to but, I dont see any other way out of this. All in all, I probably have about 50k in debt hanging over my head. I need to figure out in the long run, if it would be better to declare bankruptcy, or pay this off. Im leaning towards bankruptcy as I see time as invaluable, and I dont want to spend my time doing work I dont enjoy to pay debt that is going to do nothing for me in the long run. I could use some advice. Thanks.  <response>: If you are qualify for chapter 7 bankruptcy than you can get out of medical debt. But you should able to pay off your debt with this 48K paycheck, though. If you put your budget together and I am sure that you will be debt free by the end of 2018. Your ratio of vs income is compatible so I wouldnt suggest filing bankruptcy. Just tighten up your belt for a couple years than you should be debt free. We all did stupid mistake and we gotta pay sooner or later, Im glad you realized it now and try to fix it. Good luck!!! 