Bankruptcy is a legal process that allows you to eliminate or restructure your debt. There are different kinds of bankruptcy proceedings, called “chapters,” that offer different kinds of debt relief. For individuals and couples, the most useful chapters are generally chapter 7 or chapter 13. For businesses, a chapter 7 or a chapter 11 bankruptcy might help.

 

Filing for bankruptcy is not an easy decision but it might be the right one –for you, your family, your business, and your future.