Feeling like you are drowning in debt is one that you might not be able to overcome. For most consumers, there are two options for filing bankruptcy. These are Chapter 7 and Chapter 13, and each has its own guidelines.
The first question is whether or not your income is sufficiently low enough to qualify for Chapter 7. If your income is over the state median, you have to fill out a means test to determine if you qualify for this type of bankruptcy. The time since any previous bankruptcy case also matters.