Bankruptcy is a legal status for individuals or businesses that cannot repay their debts
https://www.dailygram.com/blog/1321605/the-impact-of-divorce-lawyers-on-settled-divorce-cases/
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.