Bankruptcy is a legal proceeding that can eliminate an individual’s legal obligation to pay many kinds of debt, including credit card and medical debt.

Bankruptcy can also stop, at least temporarily, an eviction or foreclosure proceeding, repossession, or utility shut-off.

By filing for bankruptcy, an individual can eliminate debt, protect future income from collection, and get a fresh financial start.

Deciding whether or not to file for bankruptcy is a complicated decision, and you should consult with an attorney.