Nicole is a recent college graduate with $85,000 in student loans. With hard work and perseverance, she was able to secure a full-time job a few weeks after graduation, with a starting salary of $62,000 plus health insurance. Unfortunately, after celebrating her new job, she was involved in a car accident deemed her fault—for driving while intoxicated. She is now being sued by the injured parties in the other vehicle. Nicole always thought she was well protected by purchasing her state’s mandatory vehicle liability insurance. However, the cost of the damages and injuries sustained by both Nicole and the other injured parties greatly exceeded her insurance coverages. Nicole’s injuries were minor, and she was able to start her new job. Nonetheless, she is faced with the following debts in addition to her monthly living expenses: • Attorney’s fee: $10,000 (because injured parties sued her)
• Medical bills of injured parties: $132,000
• Damage to the other vehicle: $40,000
• Student loan debt: $85,000 (monthly payments of $350 to begin in five months)

What type of bankruptcy would you recommend and why?