Chapter 7 bankruptcy is typically used when a patient:

Chapter 7 bankruptcy is designed for individuals who typically have limited income and few assets. This form of bankruptcy allows for the liquidation of non-exempt assets to repay creditors, while discharging remaining unsecured debts, providing a fresh start for the debtor. Individuals who choose Chapter 7 often find themselves overwhelmed by debt, yet may not have substantial resources to contribute towards repayment.

In contrast, individuals with high income and numerous assets are generally directed to alternative bankruptcy avenues, as they may not qualify for Chapter 7 due to the means test, which assesses an individual's income relative to their expenses. Business entities seeking bankruptcy typically utilize Chapter 11 for reorganization rather than Chapter 7 for liquidation. Similarly, farmers, while sometimes eligible for specific bankruptcy relief under Chapter 12, do not generally file for Chapter 7 due to their unique financial circumstances and operational debts. Thus, the context of Chapter 7 being most suitable for individuals with few assets and limited income is accurately reflected in the correct choice.