Financially, if I'm swamped with debt that I can't pay, is it right and smart to file bankruptcy?

Yes, according to financial advice expert Suze Orman.

Filing bankruptcy is a "better option over burying your head in the sand," according to financial advice personality Suze Orman.

"When somebody really doesn't have money to pay their bills then they should claim bankruptcy and face it right on and start all over again," says Orman.

And I agree with her. I explain all the options to my prospective Houston bankruptcy clients, but oftentimes, if you are so overwhelmed with debts that you cannot pay, it is best to just bite the bullet and file bankruptcy, and get a fresh start. It is a legal and honorable way to solve your debt problems.

J Thomas Black
Board Certified, Consumer Bankruptcy Law- Texas Board of Legal Specialization