When a person or business is completely overwhelmed by financial obligation and can no longer meet them - often by no fault of their own - the law provides that they can find a way out through bankruptcy.

Bankruptcy is governed by federal law. Bankruptcy matters are heard in a federal court. Different types of bankruptcy include Chapter 13 debt repayment plans, Chapter 7 debt discharge plans, or Chapter 11 reorganization plans.

A United States bankruptcy lawyer can help his or her client navigate this difficult legal proceeding.