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

http://danteniml250.wpsuo.com/financial-obligation-solutions-in-york-pa-why-employing-a-personal-bankruptcy-lawyer-is-your-best-relocate

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.