<prompt> Human: Throwaway due to our embarrassing circumstances.My spouse and I are considering bankruptcy. We are around 75k in debt and rent an apartment. We paid cash for both of our older vehicles and we both work full time making around 50k a year combined. We are in over our heads. We both made very bad financial decisions when we were younger. We have around 10k in collections for a car we voluntarily had repod. 8k in predatory loans In good standing. We have around 15k in student loans in good standing. All of the rest is credit card and medical debt that is in collections. We arent paying anything to our debt in collections as we are barely making it with the debt that is in good standing. To top all of this off we just had a baby and there was time that had to be taken off of work on both parts. This time off was unpaid. We live in a large metropolitan area and are living as cheaply as we can with the rent costs and food. We, literally, dont do anything for ourselves. Getting a haircut has become a huge luxury and only happens maybe twice a year for both of us. We are thinking bankruptcy may be the way to go but cant find much info online. Any advice or guidance is greatly appreciated. TIA!Edit: just wanted to add that we know our student loans wont be dismissed through a bankruptcy. Also, moving is currently not something that can be done. We would have to move at least an hour to an hour and a half away to change the cost of living. However, our hopegoal is to move to another statebetter cost of living area in the next couple of years.  <response>: I dont have a complete answer, but I do know that your educational debt wont be discharged even if you file bankruptcy. You should also consider leaving your high CoL area; 50kyear isnt enough for 3 people in such an area. 