Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - When do you know the time to file for bankruptcy? - I have had two companies on the brink of failure due too the economy and I'm wondering is it better to wipe out $100k in bad debt or try and pay it back and get harrassed over the next 10 yrs. I am 25 yrs. old and think it would be easier to start all over? -