A lot of people have misconceptions about the reasons people need to file for bankruptcy, and who files the most. This type of thinking can keep people from reaching out for the help they need. Avoiding a consultation with a reputable Kansas City bankruptcy lawyer serves you in no way. You spend months and sometimes years dealing with immense stress and pressure, while never being able to conquer the debt that holds you back. There isn’t just one type of person who files for bankruptcy. People with a variety of educational backgrounds, salaries, and financial circumstances need this kind of help. Everybody makes mistakes. Your future can be different regardless of what landed you in the financial spot you are currently. Older, married couples are not immune to bankruptcy, and today there are growing numbers of them filing. Planning for possible future scenarios is important, but it doesn’t always cover what you need it to. Although there are people who file for bankruptcy due to irresponsible financial management, there are plenty of others who planned and saved and still wound up in a bad financial situation. The numbers show that men and women file bankruptcy at nearly the same rate, 48 to 52 respectively. In the past few years, there has also been a rise in married couples needing to file for bankruptcy. More than 64 percent of filers in 2010 were married, while 17 percent were single, 15 percent divorced, and 3 percent widowed. Being married may mean you make more money, but it also increases the likelihood of you owning a home, incurring debt, and having a higher cost of living annually. No matter how much you plan, the future is unpredictable. Having a great education doesn’t necessarily mean you won’t hit financial struggles at some point. Of those who filed in 2010, 36 percent had a high school education. A full 29 percent had some college education, and 20 percent had a bachelors degree or higher. Shockingly, the number of those with higher educations rose by 16 percent in just four years. No matter how much education you have under your belt, a bankruptcy may still be something you need later on. A final contributor to bankruptcies is income. The vast majority, 60 percent, of those who file for bankruptcy make less than $30,000 a year. Interestingly, the number of those who make over $60,000 annually and filed for bankruptcy grew by around 4 percent. More money is a big help in keeping up with living expenses. But it can’t help with every financial need, especially unexpected ones. There’s no reason to feel ashamed or put off talking with a bankruptcy lawyer in Kansas City. Regardless of who you are, how much you make, or how prepared you tried to be, help is there when you need it most. Don’t hesitate.