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

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

But today, their company Lehman Brothers — which catastrophically collapsed in bankruptcy in 2008 — is remembered as a textbook case for the pitfalls of unchecked greed, corruption and moral bankruptcy. — Pam Kragen, San Diego Union-Tribune, 29 Mar. 2026

Never — and this includes the Dodgers’ time in bankruptcy court — have the fates of the two Los Angeles franchises been so disparate. — Bill Shaikin, Los Angeles Times, 26 Mar. 2026