It takes discipline and planning to live within your means and stick to a budget, and it's easy to get off track, especially if you experience an unexpected set back such as a job change or health challenge. Sometimes no amount of planning will eliminate sudden or gradual debt. Even if you're doing "OK," you may see that your finances need to change before you find yourself in trouble. If you have the income to keep up with some of your debts, but are unable to make full payments each month, it may be wise to look into a Chapter 13 bankruptcy.
