If a student is considering filing for bankruptcy, which of the following should they consult first?

Consulting a legal expert is the most appropriate first step if a student is considering filing for bankruptcy. The bankruptcy process involves complex legal implications and requirements that vary based on individual circumstances and the laws in their jurisdiction. A legal expert specializes in these matters and can provide essential guidance on the types of bankruptcy available, the eligibility criteria, and the potential consequences of filing. This professional can help navigate the legal system, ensuring that the student understands their rights and options.

While a financial advisor could offer valuable insights into the financial implications and help with budgeting or financial recovery post-bankruptcy, the legal nuances and procedural steps take precedence. Family members may provide emotional support but may lack the necessary expertise in legal matters. Consulting the bank could result in biased advice, as their primary concern is their own financial interests. Therefore, the legal expert is the most critical resource in this situation.