Financial woes are certainly capable of bringing you down, and if it gets bad enough that you must consult with an attorney or financial specialist, you may wonder if you can ever get back on solid ground again. Contrary to what would be your initial mindset, bankruptcy doesn't necessarily equate to an admission of failure - different circumstances lead people to file, yet for some it isn't the only option. Foreclosure is another possibility if you find you are unable to keep up with mortgage. Depending on your situation, one option may be better than the other, but which is right for you?