I do not have a negative view of the bankruptcy system or of people who choose to declare bankrupcy. It can be the right choice for some people.
IMHO, the only way for you to figure out if it is the right choice for you is for you to consult with a bankruptcy lawyer who can look at your specific situation and tell you what your bankruptcy and non-bankruptcy options are. Look for someone who practices only in this field. (No family friends or acquaintances.) Some states, like California, allow lawyers to obtain special certifications in this field if they meet certain knowledge and experience requirements. If your state does the same, look for a lawyer that has such a certification. The initial consultation should be free or low-cost.
In the meantime, Seeker's bankruptcy fraud comment is absolutely correct. My recollection is that such fraud carries both civil and criminal consequences. Moreonever, intent to defraud, can be proven by one's actions. No one has to accept your word as to what your intent was. So, if you are seriously contemplating bankruptcy, I would not recommend maxing out your credit cards. (BTW, credit cards are debt, so the amount between what you have charged and what you can charge should not be viewed as "money.)
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