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WebBritannica Dictionary definition of BANKRUPT. 1. : unable to pay debts. a bankrupt company. The lawsuit could leave them bankrupt. The company went bankrupt. [=became unable to … WebApr 11, 2024 · You can see the Top Rankings for Trending Searches related to Bankruptcy based on the search volumes on Google Search (Google Trends) in India, such as “Bankrupt Meaning In English”, etc. You can search for Trending Searches related to Bankruptcy, such as “Bankrupt Meaning In English”, etc. Past Day (Apr 11, 2024 at 2:25:02 pm JST) migraine aspirin treatment
Bankrupting Definition & Meaning - Merriam-Webster
WebBankruptcy A federally authorized procedure by which a debtor—an individual, corporation, or municipality— is relieved of total liability for its debts by making court-approved … WebWhen a person files for bankruptcy, their assets and debts are reviewed by the court and a trustee is appointed to manage the bankruptcy estate. The trustee's job is to review the debtor's assets and determine which ones can be sold to repay creditors. However, some assets are exempt from liquidation, meaning the debtor gets to keep them. WebMar 22, 2024 · Definition and Examples of Bankruptcy Bankruptcy is a process that gives you a legal means of starting over financially when you can't afford to pay your debts. … migraine areas of head