It's good that you are going for counseling. Make sure they are good financial advice. Before deciding on BR one should always be sure that there is no other go. I had planned for BR and luckily my sister told me to reconsider it and get expert to look into my finance status. I got assistance from Kevin Thatcher & Associates, Toronto. They told me to consider proposal instead of BR. My proposal was agreed by the creditor and now I am free of all the debts. I am not saying that there is always a option, but you need to know if there is any, because BR is not an easy path and the negative impact really effects your future matters. Just understand the pros and cons of BR, and also that of other options like, proposals, consolidation, settlement etc., then go for BR.