What Can Bankruptcy
Do For Me?
Bankruptcy may make it possible for you to:
Eliminate the legal obligation to pay most or all
of your debts. This is called a “discharge” of
debts. It is designed to give you a fresh
Stop foreclosure on your house or mobile home and
allow you an opportunity to catch up on missed
payments. (Bankruptcy does not, however,
automatically eliminate mortgages and other liens
on your property without payment. See below for
Prevent repossession of a car or other property or
force the creditor to return property even after
it has been repossessed.
Stop wage garnishment, debt collection harassment,
and similar creditor actions to collect a debt.
Restore or prevent termination of utility service
under certain circumstances.
Allow you to challenge the claims of creditors who
have committed fraud or who are otherwise trying
to collect more than you really owe.