declare sb bankrupt

Examples (10)

• Her husband was declared bankrupt after his business failed.
• The court declared the company bankrupt due to its inability to pay its debts.
• If sales don't improve, the firm will be declared bankrupt by the end of the year.
• The once-thriving airline has officially been declared bankrupt.
• Creditors petitioned the judge to declare the debtor bankrupt.
• He had to sell his house after he was declared bankrupt.
• The financial crisis caused many small businesses to be declared bankrupt.
• A formal hearing is scheduled to declare the corporation bankrupt.
• After years of losses, the board had no choice but to declare the company bankrupt.
• It is a difficult process to have a person legally declared bankrupt.