bankrupt

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bankrupt

a person adjudged insolvent by a court, his property being transferred to a trustee and administered for the benefit of his creditors
References in classic literature ?
Creeds mathematically precise, and hair-splitting niceties of doctrine, are absolutely necessary for the salvation of some kinds of souls, but surely the charity, the purity, the unselfishness that are in the hearts of men like these would save their souls though they were bankrupt in the true religion--which is ours.
His father told him of the wicked, rascally, shameful conduct of the bankrupt, reminded him of what he had said about Amelia, and that their connection was broken off for ever; and gave him that evening a good sum of money to pay for the new clothes and epaulets in which he looked so well.
Glegg, "and it's right to warn you,--if Tulliver's made a bankrupt, and he's got a note-of-hand of your husband's for three hundred pounds, you'll be obliged to pay it; th' assignees 'ull come on you for it.
They will serve writs for their money, and the firm will be declared bankrupt.
They would be made upon the same principles that usurers commonly lend to bankrupt and fraudulent debtors, with a sparing hand and at enormous premiums.
6) (BO) to introduce new arrangements to encourage bankrupts to fulfil their obligations in respect of the administration of bankruptcy estate by the trustee-in-bankruptcy and to better protect the interests of creditors.
NEW rules aimed at ending the drought of basic bank accounts for undischarged bankrupts have been unveiled by the Government.
Co-op Bank has announced its decision to stop offering basic banking accounts to undischarged bankrupts.
First-time and second-time bankrupts may apply to the bankruptcy court for an earlier discharge.
Charity Citizens Advice said the majority of banks were refusing to let undischarged bankrupts open even a basic bank account, that did not have a credit facility, despite there being no legal justification for this.
Charity Citizens Advice said most banks were refusing to let undischarged bankrupts open even a basic bank account - with no credit facility - despite there being no legal justification for this.
Only Barclays and Co-operative Bank offer basic bank accounts to undischarged bankrupts - those going through the 12 months bankruptcy lasts for.