Is it permissible to declare bankruptcy solely to drop the usurious interest, with the intention of paying back the principal debt to the creditors?

Dealing with usury is forbidden by Islamic law. Whoever is afflicted by it must repent to Allah and repay the principal without the interest, while striving to avoid paying the interest unless absolutely necessary. Among the ways to get rid of interest are: expediting repayment if it leads to the waiving of interest, or delaying the bank if that results in its waiving. As for declaring bankruptcy, one must inquire about it in the inquirer's country to understand its nature and consequences. The Islamic rulings concerning bankruptcy include: declaring it for a debtor who does not possess sufficient funds to cover his immediate debts, placing him under interdiction if the creditors request it, invalidating his disposal of his wealth after the interdiction, and the ruler selling his property to repay debts while leaving him his necessities. State aid for the bankrupt is not permissible for someone who is not truly bankrupt.