Bankruptcy software is a computer program designed to help individuals, businesses, and professionals like attorneys and financial advisors prepare and file for bankruptcy. It automates form filling, streamlines case and document management, and organizes financial data, including debts and assets. This software includes tools for completing required forms, calculating eligibility for different types of bankruptcy (like Chapter 7 or Chapter 13 for individuals), and sometimes even filing the paperwork electronically with the court. It aims to simplify the complex legal process of bankruptcy for all involved, making the filing process more accessible and manageable while ensuring compliance with legal standards.