The Kojo Nnamdi Show

It's a radical step, but each year unemployment, credit card debt, medical expenses and other factors push more than a million Americans into personal bankruptcy. Major changes to bankruptcy law in 2005 have made filing more difficult and expensive, and excluded some debts from bankruptcy protection, meaning they won't be forgiven. We look at the implications of filing for personal bankruptcy, and how free debt counseling can help, whether before or after the fact.