After an adversarial divorce, debt can become a overwhelming and looming matter. Individuals often come to me and ask for my opinion regarding bankruptcy. My opinion is usually to avoid bankruptcy if possible and try debt consolidation through an agency that specializes in this area. Debt consolidators can help you charge-off or greatly reduce the compounding interest on your accounts and set up a payment plan to re-pay your creditors on a budget that fits within your means. It may take several years to re-pay these loans, but in the long run.