Ask The Get Out of Debt Experts Bankruptcy Related

I’m a NYC Firefighter and Wondering If I Should Go Bankrupt. – Robert

“Dear Steve,

hello im a new york city firefighter with 50.000 in dept have been paying on time for a year and not getting anywhere need real advice and help michelle and i would appreciate any help

should i go bankrupt ?


Dear Robert,

Thank you for both your bravery and question.

It’s probably true that entering a burning building might, at times, be less scary than dealing with money troubles or concerns.

The last thing I’d want is for you to pull up to a fire and just stand there not knowing what to do. It’s the knowledge about dealing with situations that makes you an exceptional firefighter.

Bankruptcy might be right for you but frankly I just don’t know based on the information you gave me. What I would suggest doing is for you to click here to find a local bankruptcy attorney and let’s get you a free consultation to discuss your specific situation.

Before you can make a decision about if bankruptcy is right for you I’d prefer it if you talked to a bankruptcy attorney that is licensed in the state you live in.

But from what you’ve shared I get the impression that your debt level is not diminishing. That might be because you are simply paying the minimum amount per month and that will just keep you making little progress. In order to knock the debt down it’s a bit like fighting a fire, you need to apply enough extinguishment material to prevent it from growing. In this case we need to either apply enough money to knock down the debt or remove the combustible material (the debt) with bankruptcy.

Once you talk to the bankruptcy attorney, please come back here and post an update in the comments.


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

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About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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