in bankruptcy

phrase

: officially recognized as bankrupt

The company is now in bankruptcy.

Examples of in bankruptcy in a Sentence

Recent Examples on the Web

Mayweather, in contrast, is not in bankruptcy or insolvency proceedings. — Michael McCann, Sportico.com, 30 July 2026

Creative Wealth was granted the majority of Bron’s remaining assets, including its stake in several films, in bankruptcy proceedings. — Winston Cho, HollywoodReporter, 29 July 2026

Another $18,000 in delinquent balances involves accounts that are in bankruptcy proceedings. — Verónica Egui Brito july 16, Miami Herald, 16 July 2026

Both studies found that while sports betting access overall didn't lead to significant changes in bankruptcy filings, the 2025 study found that online access did. — Alana Wise, NPR, 4 Apr. 2026