The condition of being financially insolvent
The rest of us were spiraling toward bankruptcy when Howie turned to Martha.
Bankruptcy is an issue for many people trying to face debts from years' past.
Thus a nation which has to choose between bankruptcy and the repudiation of its debts is on the horns of a dilemma.
Scepticism, it must be confessed, was at the least well equipped to expose the bankruptcy of the post-Aristotelian dogmatism.
I am desperately trying to avoid bankruptcy by only buying necessities.