When you find yourself in debt and you contemplate debt consolidation, you are simply putting a Band-Aid on the problem.
When you find yourself in too deep and rob Peter to pay Paul, like taking money from your 401K to pay medical bills or refinancing your home to pay off credit card debt, you are slowly peeling the Band-Aid off and its really starting to hurt.
The Solution: Rip the Band-Aid OFF!
Filing for Bankruptcy is simply ripping the Band-Aid off in one fell swoop so you can stop the pain and start the healing.