"Business bankruptcy" refers to a situation where a company or organization is unable to pay its debts and is legally declared unable to continue its operations as a result.
Sentences with «business bankruptcy»
He represents parties of interest in business bankruptcy and insolvency matters. (djplaw.com)
It was the 10th straight quarter that business bankruptcy filings have increased. (bigpicture.typepad.com)
Hardy filed for business bankruptcy last fall and is in the process of filing personal bankruptcy this year. (entrepreneur.com)