file for bankruptcy

idiom

: to officially ask to be legally recognized as bankrupt
The company filed for bankruptcy in July.

Examples of file for bankruptcy in a Sentence

Recent Examples on the Web
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Stellantis — the European automaker that makes cars under the Jeep, Ram, Dodge and Chrysler brands in North America — saw its joint venture that made Jeeps in China file for bankruptcy in 2022 after years of losses. Chris Isidore, CNN, 17 Dec. 2024 By October 2020, the diocese said it was forced to file for bankruptcy. Joseph Wilkinson, New York Daily News, 4 Dec. 2024 Islanders have been dealing with economic turmoil stemming from a financial crisis that reached its boiling point in 2015, when Puerto Rico accumulated about $72 billion in public debt — yet, unlike other U.S. jurisdictions, couldn't legally file for bankruptcy. Nicole Acevedo, NBC News, 31 Oct. 2024 The closures come amid reports that TGI Fridays is about to file for bankruptcy. Jordan Valinsky, CNN, 28 Oct. 2024 See all Example Sentences for file for bankruptcy 

Dictionary Entries Near file for bankruptcy

Cite this Entry

“File for bankruptcy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/file%20for%20bankruptcy. Accessed 21 Jan. 2025.

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