Bankruptcy prevents you from bearing all the burden of risks, investments and ventures that didn't work. It gives you options and rights during economic downturns, over which we have no control.
Generally, in a Chapter 7 Bankruptcy, you are allowed to keep your home, vehicles, general belongings and the tools you need to make a living, while eliminating the burden of unsecured debts.
Don't despair. You can get your life on track again. I will personally consult with you - intially free of charge, to explain your options and give you accurate, professional advice about how to proceed.
Fact: Henry Ford's first two automobile companies failed,
leading to bankruptcy filings, so he could start fresh.