+**Bankruptcy** is a legal status for individuals or businesses unable to repay their outstanding [Debts](/wiki/debt). It provides a structured path for financial relief, often involving asset liquidation or a [Repayment Plan](/wiki/repayment_plan) supervised by courts.
+## See also
+- [Debt](/wiki/debt)
+- [Insolvency](/wiki/insolvency)
+- [Creditor](/wiki/creditor)
... 1 more lines