What is Bankruptcy?
Bankruptcy is a legal mechanism that provides expansive, comprehensive debt relief. Bankruptcy debt relief allows people to discharge many different kinds of debt, such as credit card bills, medical bills, and many other debts that tend to adversely affect peoples’ financial well-being.
In addition to comprehensive debt relief, Bankruptcy law also stops wage garnishments, debt collectors’ harassing telephone calls, home foreclosures, and other burdens that tend to accompany overwhelming debt.
Bankruptcy law provides these benefits in order to give honest, hardworking people a fresh start toward a healthier financial well-being.