What is Bankruptcy | Call : 03338803165 Bankruptcy is a legal proceeding involving an individual or business that is unable to repay its outstanding debts. The bankruptcy process begins with a petition filed by the debtor. In most jurisdictions, bankruptcy is imposed by court order, often initiated by the debtor. Bankruptcy helps those who cannot pay their debts. Bankruptcy laws also protect financially troubled businesses.Call our helpline number 03338803165 to know more!! https://nationaldebtlines.co.uk/what-is-bankruptcy/