The number of people going bankrupt increases each year. Experts attribute this to recent jack-ups in interest rates which, in turn, caused record levels of personal insolvencies. Then, too, rising fuel costs and taxes make a substantial dent on people's disposable incomes. What is particularly worrying about the rise in bankruptcies is that it occurs at a time when employment is high. In fact, of those who filed for bankruptcy, only a third were unemployed. This shows even people with regular and substantial incomes also run into financial difficulties. This section contains bankruptcy tips and advice. Use them to understand how you can make the best out of a bad situation even if this involves bankruptcy.