When you are drowning in debt, there are a lot of issues that can plague your mind. You might wonder how you are going to make ends meet. You might be tired because creditors keep calling you or sending you collection notices in the mail. One option that you have to regain your peace of mind is to file for bankruptcy. There are multiple options that you can consider. Before you come to the point of thinking about the type of bankruptcy you want to file, you should think about how these five points will impact your life.