Just to let you know...1) most private loans can go on a bankruptcy just not federal loans. 2) 15% of your wages to garnishment if you can not file 3) If you are that bad off go see an attorney and file. 7-10 years and you can be back at step one. Sometimes sooner if you get back in the game to rebuild yourself the right way this time. P.S. lawyers do payment plans...go figure!
Bankruptcy should only be a last ditch effort with no other options i.e. your account is being raided...Protect yourself with the law if they are taking your money.
Just throwing out what I know...I am not a lawyer! Good Luck!