<prompt> Human: Weve both got about 10k in medical debts, and about 35k in student loans. Everything we own, we own outright, and we rent. Im really hesitant to say yes, but I dont know why I would say no.Can someone please explain what bankruptcy would mean to us, in general terms?Edit, adding details. We make about 40k a year between the two of us. Making payments is difficult and were having trouble getting ahead of things so that we have the spare cash each month to pay down old debts. Every time we start to get caught up on bills and such, something comes along to knock us back behind.  <response>: Generally, not a great deal. Your student loans are generally not discharged in bankruptcy, so the only real question is your medical debt.10k doesnt seem like a lot for the hassle and expense of a bankruptcy filing. 