Bankruptcy is a powerful tool that balances a debtor’s right to get a fresh start against a creditor’s ability to enforce its legal rights under a loan agreement. Filing for Bankruptcy stops collection calls, lawsuits, garnishments, foreclosures, repossessions and even evictions and utility disconnects, giving you the breathing room to make the right decisions for you and your family. Bankruptcy can also help you catch up on late payments to your car or mortgage lender, so you can get back on a good financial track. Once you complete the process, a personal bankruptcy eliminates, or reduces your existing general unsecured debts – you start fresh.