file for bankruptcy

idiom

: to officially ask to be legally recognized as bankrupt
The company filed for bankruptcy in July.

Examples of file for bankruptcy in a Sentence

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After a series of other owners came and went, Justus’ group purchased the ranch in 2013 from Wayne Pierce, a La Jolla developer who tried to build golf courses, hotels, a casino and other projects there, only to run into public opposition, pile up debt and eventually file for bankruptcy. Paul Rogers, Mercury News, 29 Jan. 2026 The sharpest bull market to that point occurred during the late 1970s, rising to nearly $50/oz from less than $4 as brothers Nelson and William Hunt attempted to corner the market before being foiled by regulatory changes and massive margin calls that ultimately led them to file for bankruptcy. Michael Khouw, CNBC, 26 Jan. 2026 Courts look unfavorably on people who receive assets and then immediately file for bankruptcy protection, after all, and doing so could lead to your bankruptcy being denied altogether. Angelica Leicht, CBS News, 20 Jan. 2026 Smaller designers that are owed money by Saks Global are already cutting bonuses for their employees, laying off workers or, in the extreme, preparing to file for bankruptcy themselves, according to sources. Evan Clark, Footwear News, 14 Jan. 2026 See All Example Sentences for file for bankruptcy

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“File for bankruptcy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/file%20for%20bankruptcy. Accessed 2 Feb. 2026.

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