> declaring bankrupcy would probably hurt more than help.

It wouldn't help at all as you are typically forfeiting all but essential assets by declaring it. The only people who benefit are those with nothing to their name except perhaps the home they live in and the car they drive to work everyday.

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dmurray an hour ago | parent [-]

A house and a car are an enormous amount of assets for someone 7 years out of college. Leaving bankrupts with "only" enough assets to be in the top few percent of their peers is hardly a hardship.

	▲	grumple 12 minutes ago \| parent [-]
		Bankruptcy must be filed with a court and the creditors get a say. You don’t just wake up and say “I declare bankruptcy!”. A judge would look at your income and tell you to get bent, or at best set up a payment plan. They aren’t going to let a financially solvent person get out of debt. Here’s a quick summary: https://www.experian.com/blogs/ask-experian/credit-education...