Before going into bankrupty think very seriously. i am in a part 9 debt agreement that is part of the bankruptcy act but you are not backrupt. what they do is freeze all the interest and apply to your creditors for a reduction in the total. ie. they will offer them 60c for every dollar you owe them. you then pay this back over 5 years with no interest and no harrasing calls. take my advise and stay away from FOX SYMES and Ass as they screwed me over. Mine is with Credit Repair Australia and they are great. Give them a call and discuss your options. dont declare yourself as insolvant unless its a last resort. You have to declare that to real estates if you rent al all sorts, The debt agreement you dont. you just cant get anything on a contract like credit or mobile phones.