How to Use declare bankruptcy in a Sentence

declare bankruptcy

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• The only way past it, the Foys concluded, was to declare bankruptcy.
  — Los Angeles Times, 23 June 2022
• Tanner and Gomes saw no choice for the city but to declare bankruptcy and renegotiate the unions’ contracts.
  — Shane Bauer, The New Yorker, 16 Nov. 2020
• Overwhelmed by debt, Lowe was forced to declare bankruptcy.
  — Judith Thurman, The New Yorker, 22 Mar. 2021
• She was forced to declare bankruptcy, giving the company, which caters to cinephiles and foodies, a fresh start with new amenities.
  — CBS News, 3 July 2021
• The council gave in, and, in May, 2008, Vallejo became the largest city in California ever to declare bankruptcy.
  — Shane Bauer, The New Yorker, 16 Nov. 2020
• According to a Gallup poll, half of U.S. patients worry that one major illness could force them to declare bankruptcy.
  — Robert Pearl, Star Tribune, 23 May 2021
• Coppola lost his studio and was left with debts that eventually forced him—and Eleanor—to declare bankruptcy.
  — Richard Brody, The New Yorker, 18 Jan. 2024
• What’s become clear is that after a tumultuous year in retail, which saw the stalwart brand declare bankruptcy, the future of Brooks Brothers’ past is looking good.
  — Eric Twardzik, Robb Report, 28 Apr. 2021
• The state’s oil industry has been drying up for decades, and some companies have been fleeing the state or founding stand-alone units that can declare bankruptcy if necessary.
  — Janet Wilson, ProPublica, 22 Mar. 2021
• Those unable to obtain abortions were also more likely to declare bankruptcy and get evicted.
  — Los Angeles Times, 8 May 2022
• A lot of small business owners are set to declare bankruptcy, but many could face a devastating trap: in some states, the bankruptcy code could force them to give up their homes in order to settle their business debts.
  — David Meyer, Fortune, 11 June 2020
• In a statement, de la Torre said the company decided to declare bankruptcy over rising costs and the delay in finalizing the sale of its physician network.
  — Michelle Marchante, Miami Herald, 6 May 2024
• That’s why job losses and production decline will continue, and a company that depends on cash flow from new shale oil wells that aren’t going to be drilled won’t be able to pay its bank notes, and will declare bankruptcy.
  — Richard Mason, Arkansas Online, 20 Sep. 2020
• The company, which didn’t declare bankruptcy itself, has maintained that its baby powder was safe and didn’t contain asbestos.
  — Matt Grossman, WSJ, 19 Oct. 2021
• But the bill stalled in the Senate, where the majority leader, Mitch McConnell, has said states should be allowed to declare bankruptcy instead (which may not be constitutional).
  — The Economist, 18 June 2020
• Helmers are scrambling to reclaim distribution rights to their work out of fear that 1091 Pictures’ parent company could declare bankruptcy.
  — Addie Morfoot, Variety, 20 Dec. 2023
• Prices fall below the level needed for most US fracking companies to turn a profit, and Whiting Petroleum becomes the first of hundreds to declare bankruptcy.
  — Tim McDonnell, Quartz, 3 Mar. 2021
• Moscow has repeatedly demanded that YouTube restore its channels and seized Google’s bank account in the country, forcing its local unit to declare bankruptcy and move its staff abroad.
  — Sam Schechner, WSJ, 8 Aug. 2022
• Nearly 90% of families declare bankruptcy for one of three reasons that are often beyond their control: a job loss, a medical problem, or a family breakup.
  — Richard Vague, Fortune, 22 June 2023
• Another option for homeowners facing foreclosure who cannot pay what is owed is to declare bankruptcy.
  — Mackenzie Schmidt, Peoplemag, 23 Feb. 2023
• It’s being reported that Bed Bath & Beyond is considering increasing its legal team in order to declare bankruptcy in the coming weeks.
  — Q.ai - Powering A Personal Wealth Movement, Forbes, 23 Jan. 2023
• Budget airlines would start up business, only to declare bankruptcy after deadly crashes.
  — New York Times, 10 Jan. 2021
• The decision by Bishop Michael C. Barber and other church leaders to declare bankruptcy was seen by advocates as an escape route from having to pay out various impending settlements in full.
  — Jakob Rodgers, The Mercury News, 24 Feb. 2024
• While some government assistance programs will help some businesses survive, other companies will be forced to close or declare bankruptcy.
  — Allbusiness, Forbes, 13 May 2021
• The cryptocurrency world is waiting anxiously to see whether Celsius will seek to restructure and eventually unfreeze assets, or declare bankruptcy and leave depositors in the cold.
  — Rachel Lerman, Washington Post, 21 June 2022
• Federal law requires a state to authorize a municipality to declare bankruptcy, and Wisconsin doesn't have a law like that on the books, according to the state Legislative Reference Bureau.
  — Drew Dawson, Journal Sentinel, 26 May 2023
• Others in similar situations have had to declare bankruptcy.
  — Megan Specia, BostonGlobe.com, 1 Feb. 2021
• For weeks, industry analysts have speculated that Juul could soon declare bankruptcy or sell itself to another company.
  — Matthew Perrone, USA TODAY, 11 Nov. 2022
• The scarcity of natural gas also triggered massive spikes in electricity and natural gas prices that led several power companies to declare bankruptcy, while pipeline companies that did stay online reaped billions of dollars in profits.
  — Dallas News, 29 Aug. 2022

Last Updated: 1 Nov 2024