bankrupt in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11
Definition
Bankrupt refers to a legal status of an individual or entity that is unable to repay outstanding debts.
Sample Sentences
- The company was declared bankrupt after failing to pay its debts.
- After years of bad investments, he found himself bankrupt and struggling to start over.
- She had to file for bankruptcy when her medical bills became unmanageable.
- The once-thriving business went bankrupt due to the economic downturn.
- They were devastated to learn that their favorite restaurant had gone bankrupt.
- Many people fear becoming bankrupt during times of financial crisis.
- The bank refused to lend him money after he declared himself bankrupt.
- His lavish lifestyle ultimately led him to become bankrupt at a young age.
- The legal process for declaring someone bankrupt can vary by country.
- Bankrupt individuals often face significant challenges in rebuilding their credit.
- The company declared itself bankrupt after failing to meet its financial obligations.
- He felt a sense of relief when he learned that filing for bankruptcy could help him start fresh.
- Many small businesses went bankrupt during the economic downturn, leaving owners struggling to find new opportunities.
- After years of mismanagement, the once-thriving retailer was finally declared bankrupt.
- She was determined not to let her experience with bankruptcy define her future.
- The bankruptcy process can be complex, often requiring professional legal assistance.
- He realized that being bankrupt was not the end; rather, it was a chance to rebuild.
- The restaurant went bankrupt due to rising costs and declining sales, much to the disappointment of its loyal customers.
- Bankrupt individuals often face challenges in securing loans or credit in the future.
- The sudden loss of his job left him financially vulnerable, ultimately leading to his bankruptcy.
- Many small businesses went bankrupt during the economic downturn.
- He felt a sense of relief after finally filing for bankruptcy.
- Her reckless spending habits eventually left her financially bankrupt.
- The once-thriving town became a ghost town after the factory went bankrupt.
- They struggled to keep their family business afloat but ultimately went bankrupt.
- The athlete's lavish lifestyle led him to become bankrupt by his thirties.
- After the scandal, the corporation was pushed to the brink of bankruptcy.
- Bankrupt individuals often face long-lasting challenges in rebuilding their credit.
- The government offered assistance programs to help those who recently became bankrupt.