Considering Options Trying to stem the tidal wave of personal bankruptcies, the American Bankruptcy Institute's Web site offers a wide range of information about bankruptcy and its alternatives.
Some financial experts say the disconcerting trend is due to easy credit.
Others lay the blame on existing bankruptcy laws and regulations that allow debt-burdened consumers to rid themselves of outstanding debt with few consequences. The Web site's consumer information center provides frequently asked questions and answers about bankruptcy, filing processes, and where to turn for local assistance. Also included are detailed pamphlets and reference materials, news articles, links to credit counseling offices, and necessary forms and instructions for filing for personal bankruptcy. A list of bankruptcy attorneys is available, too. Join the discussion.