<prompt> Human: My wife has 70,000 worth of debt, maybe half that being student loans. I have around 13,000 debt, not counting school loans. It was suggested that we contact a credit counseling non-profit and get on a program for 50-60 month debt solvency. My question is more or less: what happens when you declare bankruptcy? We dont own a home. She owes like 3500 on her car. I was planning on sort of eeking out payment on my 13,000 on my own, in my sad little way, until I realized Id married into such a huge chunk of debt. Were in a position to be able to make consolidated payments if it comes to that. Is a credit counseling non profit the way to go about that? I realize to folks with experience or better sense, these probably seem like dumb questions, so apologies in advance for that.  <response>: Well student loans arent solve by bankruptcy so that wont help. What kind of debt is it? Is it credit card, car debt, home loan, etc? How much money do you make? What are your expenses? 