Bankruptcy is a legal status for individuals or businesses that cannot repay their debts

https://telegra.ph/Your-Guide-to-Financial-Obligation-Relief-Dealing-With-a-Trusted-Insolvency-Attorney-in-York-PA-06-05

Bankruptcy is a legal status for individuals or businesses that cannot repay their debts. It offers a fresh start by restructuring debts or liquidating assets, providing relief from overwhelming financial burdens and protecting against creditors.