The most extreme measure is to declare bankruptcy. But this is not a magical way to write off debts and live peacefully without obligations. This is a severe procedure in the event of a deadlock (the house burned down, all the property was already seized, it is impossible to work due to illness). To pay off debts, the bankrupt property will be put up for auction – including a mortgage apartment, even if this is his only home. Declaring yourself bankrupt, you need to understand that this can result in a ban on leaving the country, taking up managerial positions and taking new loans without indicating the fact of your bankruptcy.