Bankruptcy And Divorce Settlement

Sometimes Chapter 7 bankruptcy a good idea?
I am divorced and end next month. I $ 42,000.00 and payment of Debt debt, although it would be very expensive, because I have $ 4,000 in the bank and $ 5,500 for the parents of my wife that I intend to pay. Can the Chapter 7 bankruptcy would a good idea because I really have nothing of value and can be garnished my wages, my VA compensation army.
Chapter 7, filed for once, take care of its debts, but you have a bad tooth in your credit score. You ask for student loans and other things. I hope things settle for you.
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