The correct answer is B) eliminate certain types of debt.
Though it is seen as the last resort, bankruptcy allows a consumer to eliminate certain types of debt.
When a consumer declares bankruptcy he is allowed to eliminate some types of debt. The bank is going to start a revision to confirm that you do not have the solvency to pay your debts. If they check that everything is in accordance with the bankruptcy declaration, they are going to renegotiate your debt until you have any legal form to pay them, until you have the cash to pay them, a new job, or new investors in your company