bankruptcy

UK /ˈbæŋ.kɹʌp(t).si/ US /ˈbæŋk.ɹʌp(t).si/
noun 2

Collocations

9
1

(noun.)

ADJ

personal

VERB + BANKRUPTCY

face

The struggling restaurant will face bankruptcy unless the owner finds new investors soon.

be close to, be on the brink/verge of | be driven/forced/thrown into, go into

file for, petition for

After months of financial losses, the small business owner decided to petition for bankruptcy.

declare

The company was forced to declare bankruptcy after losing all its major contracts.

be saved from, escape (from)

BANKRUPTCY + NOUN

order, proceedings

The company filed for bankruptcy proceedings after losing its major contracts last year.

PHRASES

the threat of bankruptcy

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