Pretty much anyone can file bankruptcy.
Chapter 7 bankruptcy is generally for individuals and married couples with modest income and property; and also for failed businesses, and business entities.
Chapter 13 bankruptcy is a solid choice for those who earn wages, as well as for sole proprietor businesses, looking to reorganize and keep some property, while breaking free partially, if not entirely, from the general unsecured debt of credit cards, personal loans, and other deficiencies. It is also a great solution to resolve (aka "catch up" on) back income tax issues, and domestic support obligations.
Chapter 12 bankruptcy is reserved specifically for fisherman and farmers to reorganize, and is very similar to Chapter 13.
Chapter 11 bankruptcy is the business-entity reorganization; reserved for those businesses which are making money, just not enough money to pay all of their debt obligations.
Chapter 9 bankruptcy is reserved for municipalities (e.g. cities, such as the 2013 bankruptcy by Detroit, MI).
There is a reasonable option for everyone, though the caveat can be the well-reasoned-solution usually requires a trained eye to help determine which path may be correct for you.
It's worth the time of a free consultation to figure out which may be most appropriate, if any, for you. Give us a call and set up that appointment for a free consultation !