NEW YORK(CBS2) — A struggling economy and tough job market has forced many families to file for bankruptcy. Filing can be a difficult decision, and it doesn’t guarantee that you will be debt free.

In this edition of Ask Asa, CBS 2’s Asa Aarons explains why bankruptcy may not be the best option as well as some other strategies to consider when handling your finances.

If there is something that you would like to ask Asa about you can contact him here.