Client in heavy debt

  Assume that you have a client in heavy debt, earning less income than their required monthly payments. Your client is employed and owns a home with a mortgage. Due to declining revenues in their profession, your client does not see their income changing in the near future. What bankruptcy option would you recommend and why? Would your answer change if your client was pursuing a graduate degree and hoping to have a higher-paying job within the next couple of years? Support your recommendation with research.