Quote Originally Posted by juji View Post
http://www.uscourts.gov/services-for...kruptcy-basics

I asked the question what is the point to declare bankruptcy if she is running a non-existential company
she can't pay all her debt and debt collectors were probably threatening to take all her shit etc... once you declare individual bankruptcy there is state/fed law which will allow you to keep certain items while the rest are sold off to pay off debts and then all debts are settled with creditors. its basically a fresh start