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

http://damienvyui754.cavandoragh.org/overcoming-financial-challenges-expert-advice-from-a-york-insolvency-attorney

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.