bankrupt


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Related to bankrupt: insolvency, iva, Bankruptcies

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 ?
This country is bankrupt. There is no real foundation for these great works.
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.
"Captain Osborne, of course, could not marry a bankrupt's daughter," the Misses Dobbin said.
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."
"Well, but then, my boy," said Uncle Glegg, whose good feeling led him to enter into Tom's wish, but who could not at once shake off his habitual abhorrence of such recklessness as destroying securities, or alienating anything important enough to make an appreciable difference in a man's property, "we should have to make away wi' the note, you know, if we're to guard against what may happen, supposing your father's made bankrupt "
was bankrupt. I've been thinking o' that, for I've been a creditor myself, and seen no end o' cheating.
In a commercial town, like New York, the failure of a reputed millionaire, could not long remain a secret, and every body stared at the wife and daughter, and me; first, as if they had never seen the wives and daughters of bankrupts before; and second, as if they had never seen them surrounded by the evidences of their extravagance.
They will serve writs for their money, and the firm will be declared bankrupt."
But when most people are working harder for less, when others cannot work at all, when the cost of health care devastates families and threatens to bankrupt our enterprises, great and small; when the fear of crime robs law abiding citizens of their freedom; and when millions of poor children cannot even imagine the lives we are calling them to lead, we have not made change our friend.
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.
It was a Sunday afternoon, and beautiful weather, and my uncle, the priest, took me as a reward for being a good boy and because of my own accord and without anybody asking me I had bankrupted my savings-box and given the money to a mission that was civilizing the Chinese and sweetening their lives and softening their hearts with the gentle teachings of our religion, and I wish you could have seen what we saw that day, Thorndike.