For those considering a personal bankruptcy, Kitchener trustees recommend that all other legal means of debt relief be considered and exhausted prior to filing. This is not only because of the long and arduous process of preparing for bankruptcy proceedings, but also due to the overwhelming task of rebuilding your finances after you’ve been discharged from bankruptcy. There are many debt relief and management options aside from bankruptcy, including taking out debt consolidation loans from your bankers or having your credit payment terms restructured by your creditors. Talk to a certified financial advisor before making the decision to file.