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
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
The process could be halted though if the property owners file for bankruptcy.
—Axios Portland, Axios, 23 Sep. 2024
Many businesses file for bankruptcy protection to wind down some operations, shed debt and cut costs.
—Ramishah Maruf, CNN, 18 Sep. 2024
See all Example Sentences for file for bankruptcy 
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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
The process could be halted though if the property owners file for bankruptcy.
—Axios Portland, Axios, 23 Sep. 2024
Many businesses file for bankruptcy protection to wind down some operations, shed debt and cut costs.
—Ramishah Maruf, CNN, 18 Sep. 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 23 Dec. 2024.
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