in bankruptcy

idiom

: officially recognized as bankrupt
The company is now in bankruptcy.

Examples of in bankruptcy in a Sentence

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Meanwhile, student debt excused in bankruptcy should never be subject to federal or state taxes, Kantrowitz added. Annie Nova, CNBC, 12 Jan. 2025 Read Next Business Discount-store chain in bankruptcy closes Boise-area store but says another will be saved January 09, 2025 4:00 AM This story was originally published January 9, 2025 at 5:42 PM. Angela Palermo, Idaho Statesman, 10 Jan. 2025 Both traditional and Roth IRAs are fully exempt from creditor claims in bankruptcy and non-bankruptcy situations. James Brewer, Forbes, 10 Jan. 2025 The department store chain is hoping to avoid the fate of some of its rivals, such as Sears and JCPenney, both of which ended up in bankruptcy, Axios' Nathan Bomey reported last year. Kelly Tyko, Axios, 9 Jan. 2025 See all Example Sentences for in bankruptcy 

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“In bankruptcy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/in%20bankruptcy. Accessed 28 Jan. 2025.

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