For individuals who feel there is no way out from debt, bankruptcy provides a solution. The filing of bankruptcy will put an immediate stop to creditor harassment, repossessions and garnishments. It will eliminate medical and credit card debt. It will prevent utility shut-offs. It can put a stop to home foreclosure and under certain circumstances eliminate second or third mortgages. It can eliminate motor vehicle surcharges and restore your driving privileges. Under certain circumstances you may also be able to discharge taxes you owe to the IRS or the state of New Jersey.