When it comes to filing for bankruptcy, many people are unaware of all that comes with it. In fact, many people attempt to take the steps to file for bankruptcy before they realize that it's not something that will benefit them in the end or something that they are even eligible to do. For this reason, it's important that you understand bankruptcy in order to determine whether or not filing is the right step for you. Here are four things to know:

It Doesn't Take Away Certain Debts: If you are worried about specific debts, such as child support or spousal support, you have to keep in mind that bankruptcy will not eliminate these debts. Bankruptcy is only good if you are worried about credit card debts, medical bills, and loans. If you aren't sure whether or not bankruptcy can help you eliminate the debts that you are worried about, you need to talk to a bankruptcy attorney. 

You Have to Take a Test: To determine whether or not you are eligible to apply for bankruptcy, you will need to take a test. This test will determine whether or not you should apply for Chapter 7 or Chapter 13 or whether or not you can even apply for anything at all. Be sure that you are completely honest. If you exaggerate anything or lie, then your bankruptcy will be overturned and you can suffer some major consequences. 

It's Best to Be Open With Your Bankruptcy Attorney: When you file for bankruptcy, you need to be open with your attorney. It can feel awkward and embarrassing talking about your debts. However, in the end, it is going to lead to you being in a better situation in the end. So be sure that you list every debt, talk about your spending habits, and talk about your concerns openly in order for your bankruptcy filing to be successful. 

You Should Rely on Your Attorney: Don't be afraid to rely on your attorney even after you have filed for bankruptcy. Your attorney will help you recover from filing for bankruptcy. They will help you learn how to perform a credit check, how to proceed with better spending habits, and more. 

When you know these four things about filing for bankruptcy, you can be sure that you are prepared for the process and don't fall into any mistakes that can ruin your ability to file for the bankruptcy that you really need.