Phrases with «bankruptcy declaration»

"Bankruptcy declaration" refers to the formal announcement made by an individual or business stating that they are unable to pay their debts. It means they have reached a financial point where they cannot manage their financial obligations and require legal assistance to resolve their debts. Full definition

bankruptcy (parent phrase)
declaration (parent phrase)

bankruptcy declaration

Sentences with «bankruptcy declaration»

Conversely, the absence of bankruptcy declarations is not an indicator of success, as many businesses fail without going through bankruptcy proceedings. (snopes.com)
Emanuel nonetheless describes Detroit's bankruptcy declaration as a «wake - up call.» (educationnext.org)
It also considers bankruptcy declarations and whether or not a debt collector was sent out. (moneysense.ca)
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Phrases with «bankruptcy declaration»

Sentences with «bankruptcy declaration»

See also