The goal is to eliminate the majority of your debts that you’ve amassed so that you are able to restart your journey. A judge will go through your application and decide whether they’ll approve or deny the request. When your request has been accepted by the court, the judge will make an order that prohibits creditors from getting payments, and having to take drastic measures such as foreclosure or repossession against your company or business. When you file your petition to a bankruptcy court along with all of the necessary documents and forms, chapter 7 bankruptcy can be filed. Rarely, it is possible to file for chapter 7 bankruptcy and…