No. There is no magic number that is required for a bankruptcy filing. If you are feeling overwhelmed, being garnished, harassed, etc., bankruptcy can stop all of the collection activity.
This answer does not create an attorney/client relationship and is for informational purposes only. We are a law firm licensed in Georgia. A consultation with a qualified attorney in your area is required to determine specific legal advice as to your situation and applicable law. We are a law firm designated by Congress as a debt relief agency. We help people file for bankruptcy relief under the bankruptcy code.