file for bankruptcy

phrase

: 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

Sube Shoten, a tofu maker founded in 1877 during Japan’s Meiji era, reportedly ceased operations in May and began preparing to file for bankruptcy as low profit margins and a recent surge in raw-material costs clouded its business outlook. — Jenny Lee, CNBC, 5 Oct. 2026

Earlier in the week, The Wall Street Journal and Bloomberg News — citing unnamed sources — each reported Brightline was planning to file for bankruptcy in New Jersey to restructure its debt. — Joshua Ceballos, Miami Herald, 25 Sep. 2026

At the court hearing, Cooper pressed Justice Department attorneys on whether a trust, like the Kennedy Center, can even file for bankruptcy. — Joey Garrison, USA Today, 15 Sep. 2026

The liability-bearing company then can file for bankruptcy, and the other company is free from the burden. — Darin Oswald, Idaho Statesman, 13 July 2026