Use Bankruptcy in a Sentence – How to use “Bankruptcy” in a sentence

Use Bankruptcy in a sentence. How to use the word Bankruptcy in a sentence? Sentence examples with the word Bankruptcy. Sentence for Bankruptcy.

Examples of bankruptcy in a sentence

1. The bankruptcy of the company was due to its inability to adequately market its products.
2. Several airlines have had to declare bankruptcy since the terrorist attacks in the World Trade Center made some people afraid to fly.
3. The family of the old woman faced bankruptcy due to the high cost of keeping her in the hospital for months.
4. The Democratic Republic of the Congo is in a state of near bankruptcy due to years of widespread corruption at all levels of government.
5. In 1971, the British luxury car manufacturer Rolls Royce filed for bankruptcy.
6. The nation of Austria declared bankruptcy in February 1811.
7. Fashion retailer Forever 21 has filed for Chapter 11 bankruptcy protection in the US.
8. Bankruptcy is the legal process by which the debts of firms, individuals, and occasionally governments in financial distress are resolved.
9. Although military attorneys do not practice bankruptcy law, the following discussion should provide some insight into the process.
10. Bankruptcy is a legally binding debt solution that’s often used as a last resort if you cannot repay your debts in a reasonable amount of time.
11. Bankruptcy is a federal legal proceeding which allows people to reduce or eliminate some or many of their debts and get a fresh financial start.
12. Depending on the specifics of your business, filling for bankruptcy could provide a viable option for debt relief and a fresh financial start.
13. The Board should then apply for bankruptcy with the district court where the company is registered.
14. Bankruptcy is a legal process by which you may be discharged from most of your debts.
15. Federal bankruptcy laws govern how companies go out of business or recover from crippling debt.