Here is the thing Bankruptcy for 5K in debt is not an option..here's what you do..Contact your creditors..Explain the issues and that you have every intent to pay them. Then figure out what you can pay them a month. Explaine to them that you do owe them the money and your going to pay them off but all you can afford right now is $X.XX a month they take that and get their money or you can file Bankruptcy and they wont get a dime.

Creditors want their money back most will work with you..Bankruptcy is a last "I'm trying to keep from being sued" option..work with your creditors you may have to pay 50.00 a month for the next 5 years..but I promise it's far better than trashing your credit with bankruptcy..