[Vipergrün]

Let me provide another slant......don't do it. Do not be fooled into thinking this lending market will continue forever. Also, your handle seems to imply a Porsche and a Beemer. If so, dump them and buy a Honda or something cheap and reliable. If you own your house, consider an equity line to pay off credit cards, etc. You may only be able to sell you non-essential toys for 30-40 cents on the dollar, if that, but that can be straight debt pay down. You cannot look into the future, so you have no way of knowing how bad the bankrupcy can potentially hurt you.... Take a serious look at "what" is taking you under and decide from there. Best of luck!