<human>: Hi folks,

I'm 28 years old and I make about $50,000/yr. I have been sued for a $20,000 debt I owe to an educational institution (note: not a student loan).

I have hired a lawyer, who has attempted to negotiate a payment plan to resolve the debt, or to pay a lesser lump sum. Talks have failed, and they intend to seek a judgement against me. The trial date has already been pushed back a few times, and now this is it — in three weeks, I am going back to court, and I will lose.

I have no way to pay the debt they are looking for in such a short time frame. My attorney has suggested bankruptcy. I intend to file next week. I also have other debts, and combined, I'm about $30,000 in the red.

My bankruptcy attorney is wanting to know if my wife intends to file as well. She is 24 years old, and makes about $40,000/yr. She also has some debts, but not nearly as bad as I do. (She has a ~$5000 medical payment that's in collections, and about $2000 in credit card debt.)

We probably spend about $2000/mo. in bills, rent, etc. We also are bad when it comes to budgeting. It seems like we never have enough money.

Should my wife file for bankruptcy with me? Or is there a chance we can save her credit history? The bankruptcy lawyer says that he believes it would be easier for she and I to start with a blank slate. But I hate the idea of her credit history destroyed over for something that is primarily my fault. Especially because someday in the next few years, we'll probably want to start looking at houses, and a bankruptcy on both our records would likely make that much more difficult.

Just looking for opinions. Thanks.

Give me the gist of the text in a nutshell
<bot>: I'm filing for bankruptcy because I'm $30,000 in debt. My wife is about $7,000 in debt. Should she file with me? Or should she not file at all?