The recession has seen an increase in the number of bankruptcy files in nations around the world. The shift downward in the economy has had a negative impact on the ability of various entities and persons to deal with their economic commitments. Bankruptcy files are an indicator of the number of individuals or organizations who no longer can cope with their current debt load. They are bankrupt or insolvent. These people or groups are unable to meet the monetary demands of their creditors. By petitioning or filing a claim for bankruptcy, the debtors receive relief from the demands of creditors. Bankruptcy files record the number of them who petition or file. Bankruptcy files contain both the successful and unsuccessful applicants. Not all the entries in the bankruptcy files will be eligible for bankruptcy protection. In some instances, the court will reject their proposal. Some who apply for Chapter 7 in the United States may fail the means test. This does not mean, however, they are ineligible for bankruptcy. The individual or group may apply for protection from their creditors under another Chapter of the bankruptcy law.