Hereâs my story and please help me if you can. I came out to NYC 3 years ago to trade at a prop firm. I took my Series 7, 63 and 55 and began my trading career. I didnât have any lofty expectations for the first 2 years but did expect to start making enough to pay my bills in my 3rd year. However, things didnât go according to plan. Many of my peers who started in the same training class as I did became much bigger traders than I and are making a living. I cannot say the same for me. So the time has come for me to accept the fact that trading may not be for me. I love trading but maybe Iâm not meant to be a trader, maybe a clerk or an order taker but not a trader. The big problem now is that I have incurred a mountain of debt (basically taking credit card advances to pay the monthly expenses) and am considering filing for personal bankruptcy. My concern is that, as a registered rep, what are the consequences of me filing for bankruptcy. Will I be able to get another job in this industry or will I be barred (Iâd like to stay in the industry)? Will a prop firm ever consider hiring me again or avoid me like the plague? Will I be able to keep my personal accounts where I do more investing? Will it show up on my U4? Who do I have to disclose this information to? Also, how hard is it to build up your credit after youâve got a bankruptcy on your record or are you screwed for 10 years? Does getting a Visa debit card help any or getting a secured credit card? Iâve learned my lesson and plan to stay away from unsecured credit cards but I would like to buy a car or a house sometime in the next several years. Any information would be greatly appreciated. On a side note for those who are just a little curious, I did not use my real name. I do not expect any sympathy as Iâve brought this upon myself. On the same token, this is a tough time for me and ask you not to flame me or subject me to any ridicule. Iâm just trying to explore my options here. Thanks.