answer:If you mean to restructure your debt through a chapter 11, than it might be a way to go. However, I suggest you try working with the creditors yourself, perhaps with an advocate from the bank or other reputable person. Bankruptcy is not something to take lightly. My son had to declare Chapter 7, all debts retired, because he had been separated from the Navy and discovered his wife had disappeared after running up $10,000 worth of debt, his car repossessed and he was evicted from his apartment, all while he was on an aircraft carrier in the Middle East.