Bankruptcy may or may not be the right solution for you. It is not a sign of weakness or failure but often it is the best legal alternative to regain control of your life and your finances.  Always contact a competent and experienced Bankruptcy Lawyer before making this serious decision.   Glossary of Bankruptcy Terms Bankruptcy Basics   While the information presented is accurate as of the date of publication, it should not be cited or relied upon as legal authority. It should not be used as a substitute for reference to the United States Bankruptcy Code (title 11, United States Code) and the Federal Rules of Bankruptcy Procedure, both of which may be reviewed at local law libraries, or to local rules of practice adopted by each bankruptcy court. Finally, this website information should not substitute for the advice of competent legal counsel.

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