Develop a two- to three-page paper (excluding the title and reference pages) focusing on the selection of the most relevant factors to consider in a personal bankruptcy. You need to address the following:
Describe the factors you should consider when assessing the choices related to declaring personal bankruptcy.
Explain why personal bankruptcy should be the choice of last resort.
You must use at least two scholarly sources, in addition to the textbook, and follow APA guidelines as outlined in the approved APA style guide.