Filing bankruptcy is definitely a sign that you and/or your partner made some "mistakes" along the way, ones that are worth learning from and taking responsibility for. Have you sat down and had a serious discussion about what you learned from this? If you havent done that individuality or as a couple, I would say yes, be nervous, because perhaps you think it just "happened" to you. It didnt, it happened FOR you. Why?

Also... Whats feeling embarrassed, nervous and guilty doing to benefit you both? Again, those feelings arent really useful beyond learning your lessons and moving forward.

I filed bankruptcy a year ago and it was one of the best things I ever did. The relief I got from the stress made space for me to think clearly about how to be wiser and to make better choices. People all over North America are going bankrupt, and while it's not ideal, its certainly not the end or anything to feel ashamed of.

Do a Google search for people who filed bankruptcy- theres lots of success stories. As for the rest of your fears- I suggest you and your partner read "start late finish rich" A great book.

Best!