Does it Matter How I Came Into Debt?

Yes and no.  Certain debt is excluded from discharge absent extenuating circumstances, such as debt to the federal government in the form of student loans and federal taxes.  However, the vast majority of consumer debt is eligible for discharge in Chapter 7 or a repayment plan under Chapter 13.  This includes credit card debt, medical bills, mortgages and vehicle loans. By and large it does not matter how you came into your debt, most of it is dischargeable. 

Often many people are torn about bankruptcy because they honestly desire to pay their debts but simply cannot.  Bankruptcy is a process created to help honest individuals receive a fresh start on a new life.