If you are bankrupt, you will find that your life would be almost limited in every way, especially with regards to finances simply because you were not careful in the beginning. If you were to use boom beach cheats instead of paying for credits, your circumstances would have been much better. You will not be allowed to run a business, borrow or have bank accounts that are accessible to others. You can take up a job and live a simple life for several years. These are just some of the implications of bankruptcy which may not be acceptable to everyone. You should therefore weigh your options against various possibilities and see if you can find a better alternative to bankruptcy to resolve your debt problems.
If you can afford to pay at least a small amount of money towards your debt repayments each month from your employment or an existing income source, you should try and contact a debt management company that offers free advice and assistance as they would know the law better and would help you reach a deal with your creditors. So, bankruptcy is not the only solution however debt management stuff is only applicable to personal loans or bad debts and not at all relevant to company debts. For business debts, you might want to seek professional help as there are many more complications involved.