The biggest downside is the loss of rights to one’s property. All real estate and valuable movable property shall be used to settle the debt. Moreover, it is very common for the trustee to seize part of the salary. Thus, the debt is not only paid from all the debtor’s assets, but also without his control. A person who declares bankruptcy must also reckon with the inability to take on new debts, loans and credits without prior court approval. In addition, it is important to remember that bankruptcy information is publicly available. Thus, m. in. Such personal data as first name, last name, home address and PESEL number.