declare bankruptcy
idiom
: to formally say in a legal document that one is bankrupt
Because of high medical expenses, he declared bankruptcy.
The company was forced to declare bankruptcy.
Examples of declare bankruptcy in a Sentence
Recent Examples on the Web
The resulting Nuccio, which is named for founder Giovanni Bertone’s son, would also turn out to be the last Bertone, as the company would declare bankruptcy in 2015, just three years after the concept made its debut at the Geneva Motor Show.
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Bryan Hood, Robb Report, 27 June 2025
American craft distilleries are facing some tough times, with the looming threat of tariffs, declines in sales, and established operations having to declare bankruptcy.
—Jonah Flicker, Robb Report, 1 May 2025
Everyone told me to sell my collection, declare bankruptcy and move on.
—Sudhir Gupta, Forbes.com, 28 May 2025
Some employers might have to shutter departments, close down locations, declare bankruptcy or simply go out of business.
—Erica E. Phillips, Hartford Courant, 13 May 2025
See All Example Sentences for declare bankruptcy
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Bryan Hood, Robb Report, 27 June 2025
American craft distilleries are facing some tough times, with the looming threat of tariffs, declines in sales, and established operations having to declare bankruptcy.
—Jonah Flicker, Robb Report, 1 May 2025
Everyone told me to sell my collection, declare bankruptcy and move on.
—Sudhir Gupta, Forbes.com, 28 May 2025
Some employers might have to shutter departments, close down locations, declare bankruptcy or simply go out of business.
—Erica E. Phillips, Hartford Courant, 13 May 2025
See All Example Sentences for declare bankruptcy
Cite this Entry
“Declare bankruptcy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/declare%20bankruptcy. Accessed 21 Jul. 2025.
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