Not at all. Many of our clients who file for Bankruptcy are completely up to date with their bills. The problem is that the bills never go down. Due to paying the minimum monthly payments, the high interest rates, or even never missing a payment – the debts remain the same and never seem to go down.
By filing a bankruptcy the debts can be reduced or wiped out depending on your particular financial circumstances.
You have just as much right to file for bankruptcy protection with being completely up to date on all your bills as you do with being months behind on your bills. The fact that you want to take control of your debts earlier on before you start to fall behind is not a problem.