[Mr. Flopnuts]

70k in student loans and 10k in personal debt. The 10k is the only thing you can file banko on, as most student loans are backed and guaranteed by the guberment.

10k isn't enough to file bankruptcy. The fact that you're living with your parents, and have more disposable income means you have the ability to get this paid off in a year or two. It's going to be hard, and it's going to suck. Especially paying high interest rates on credit cards to pay for shit you don't even have anymore.

But I promise you, it won't be nearly as hard as having that bankruptcy on your credit bureau for the next 7 years. I will be the very first person to tell you to file bankruptcy if it's warranted, and there are a couple members of this board that could tell you that.

That being said, don't do it. Not unless the great majority of your student loans were not borrowed with a FAFSA application and your parents personally backed them. Then, you can only do it if they'll file banko too.

We'll talk some more about this privately if you want, but I'm telling you right now, bankruptcy is just not a good decision in this case.