Bankruptcy is seriously detrimental to your finances, and it can feel like you are stuck in a hole you can’t dig yourself out of. Bankruptcy is common, however, with thousands of people filing for it annually, so it may be more common than you think. 

Filing for bankruptcy doesn’t mean your financial state is ruined; in fact, it’s a great chance to start over. Surviving bankruptcy can be tough, but it gives you an opportunity to build credit and become financially safe and smart.