bankrupt

The company shifted its focus away from South America toward the United States, plunging cash instead in Texas-based projects like Oncor Electric Delivery, the state’s once bankrupt and largest transmission and distribution electric utility.

These are men who now have wives and children, and their silence so many years later shows how morally bankrupt they remain.

Afterward he went bankrupt and said the stress caused him to split from his girlfriend.

It was that we have serious fiscal problems that are going to bankrupt cities and towns—literally—and hurt a lot of people.

By the late summer, AIG was functionally bankrupt—unable to meet financial obligations or raise new cash.

By the time the airline declared itself bankrupt in 1991, more than 90,000 people, including Ronald Reagan, were still waiting.

Now-a-days it is the bankrupt who flouts, and his too confiding creditors who are jeered and laughed at.

Any person who owes debts, or business corporation, may become a voluntary bankrupt.

The judge or referee must be present at this meeting, also the bankrupt if required by the court.

Then follows the first meeting of the bankrupt's creditors, within thirty days after the adjudication.

Whatever property on which a levy could have been made by judicial process against the bankrupt passes to the trustee.