Along with the numerous benefits of bankruptcy, there are also certain negative consequences to consider. For one, your bankruptcy filing will be a matter of public record, which is a turn-off for some people. And while you rebuild your credit after bankruptcy, you may have a hard time finding a credit card or loan with a reasonable interest rate. Not all debts are dischargeable in bankruptcy, which means you could be left with certain types of debt even after bankruptcy. When you file for bankruptcy, you also have to pay filing and attorney fees, if you hire an attorney, plus the cost of credit counseling, which can be up to $100 per session. Considering the very individual nature of bankruptcy, we highly recommend consulting a skilled bankruptcy attorney to find out if bankruptcy is the right debt-relief solution for you and to learn how bankruptcy could potentially affect your financial situation.