My question involves bankruptcy in the state of: Missouri
My husband and I have had a lot of financial issues the last few years. It started in 2009. We purchased a home and took on a mortgage of $133,000. At the time we were both working full time and I was also making $30,000 extra a year in freelancing. Since then, life has changed dramatically in numerous ways. I am not longer bringing in the freelance income. My husband and I both still have our full time jobs, but have not had any increases in salary.
We are doing everything we can to stay afloat, but it seems to be impossible. Last year, we decided to do a voluntary foreclosure on our home. We are now renting an apartment. We also down-graded both our vehicles and now only have one auto loan. What is killing us is my students loans. I have over $70,000 worth of student loans... and my husband has about $3,000 or so. I realize we probably do not have any recourse with those as they are protected from bankruptcy proceedings. However, we also have over $6,000 worth of medical bills (my son broke his hip this year). We also have a credit card debt of around $5,000. My auto loan is about $11,000.
We have fallen behind on everything except the auto loan. Would it be in our best interest to file for bankruptcy? And if so what type? Or what would the best solution be to get back in control of our debt nightmare? Any reasonable suggestions. BTW, our credit rating is already horrible due to the foreclosure, so that is not really a concern at this point.
Thanks for the help!

