bankruptcy

(redirected from Voluntary bankruptcy)
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  • noun

Synonyms for bankruptcy

Synonyms for bankruptcy

the condition of being financially insolvent

Synonyms for bankruptcy

a state of complete lack of some abstract property

Related Words

inability to discharge all your debts as they come due

Synonyms

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a legal process intended to insure equality among the creditors of a corporation declared to be insolvent

References in periodicals archive ?
plant when the Goldman Industrial Group's voluntary bankruptcy was announced.
the nation's largest movie theater chain, emerged from voluntary bankruptcy protection Wednesday with its chairman poised to head an even larger consolidated group.
Transportation Technologies, the parent company of beverage truck body builders Hackney & Sons and Kidron, has moved to begin voluntary bankruptcy actions under provisions of Chapter 11 of the U.
In 1994, he and his law firm filed for voluntary bankruptcy under chapter 11.
The lender will also frequently request various special rights, including the ability to accelerate the loan upon a bankruptcy filing by the SPE and, in many instances, a tiny ownership interest in the SPE in order to permit the lender to "veto" a voluntary bankruptcy filing by the SPE.
She declared voluntary bankruptcy after crisis talks.
And Colt was relying heavily on Sporter sales to recover from a voluntary bankruptcy filing.
In March 2009, FRS entered a voluntary bankruptcy process in which an affiliate of Sun Capital provided the debtor-in-possession financing, worked very closely with customers and suppliers to ensure stability and continuity, and reacquired the business through a 363 bankruptcy sale process.
FORMER Anglo Irish Bank chief David Drumm yesterday applied for voluntary bankruptcy in the US.
As if Tom Hicks placing the Texas Rangers into voluntary bankruptcy wasn't lesson enough, now comes word that Los Angeles Dodgers owner Frank McCourt is so over-leveraged, that he has found it exceptionally difficult to find additional financing for the club.
Her financial advisors are said to be urging Fergie - who has laid off 11 staff - to enter voluntary bankruptcy, despite the embarrassment that would cause the Queen.
announced that it has significantly improved its capital structure and liquidity through a successful voluntary bankruptcy reorganization that became effective on June 22, 2010.
However, the number of IVAs has shot up by 148% to 11,233, overtaking voluntary bankruptcy for the first time.
Brownderville, who owned B&L Used Cars & Parts and B&L Auto Salvage, listed $209,800 in assets, according to his voluntary bankruptcy petition filed in U.
has been shuttered since Goldman's voluntary bankruptcy in February (see story on Fellows, opposite).
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