My parent's have lots of credit and medical debts. They don't have any loans out nor any property except a paid-off car. They rent and pay their massive home health care bill. Luckily credit and medical debts are unsecured. They don't have a lot of disposable cash to hire an attorney and file for Chapter 7. I will have more time to look into pro bono lawyers and low income aid after I get out of school soon, but is it even worth it? I wrote to some collection agencies and creditors (don't worry, I did not give them my info) and explained their health issues and that it is a permanent situation. Haven't heard back yet. My dad has a massive term life policy of 500K my mom will get if he passes away. He hasn't been doing well, so I don't expect him to live for another 10 years. The policy premium will be reassessed in 9 or 10 years in which it will most likely sky rocket, which in that case I will cancel the policy (it's already really expensive). After taxes, I planned to use that money to pay off the debt (~30K worth) even though it will have gone unpaid for a long time. I've thought a lot about this. Either way no one is going to get paid. Rent, insurance, groceries, and utilities bills are my number one priority for use of funds as those are necessary for quality of life. My mom needs a lot of adult diapers and other medical supplies for her home health girls which effectively doubles the cost of a normal walmart trip. Even if through bankruptcy a debt-payment plan is set up, it is impossible that my parent's will have enough leftover cash each month to pay everything back in a reasonable time. Have you done a bankruptcy for your folks or did you just beg the creditors to have some mercy?