Actually I'll just get specific right now.

Declared bankruptcy twice.

Bankruptcy. tragic accidents.

Just smart people moving bits. Different rules.

The company went bankrupt.

That company went bankrupt.

So essentially I'm broke.

And they couldn't get a loan.

And then the financial collapse happened.

And what happens in bankruptcy?

The company was in the red and went under.

That company is, in effect, bankrupt.

I'm taking you into bankruptcy.

It's easy ..

Many small companies went bankrupt.

Under the circumstances, bankruptcy is inevitable.

And it'll be in this part of it.

And I'll do a more in depth example of this.

And everyone's going to come up with bankruptcy plans.

I'm in the same situation.

So anyway, what happens in Chapter 11?

The firm went under due to lack of capital.

The company managed to keep afloat.

Right?

But there's a lot of confusion over what it means.

And that falls under the category of Chapter 7.

Or 0.8 billion of equity.

That's their stock ticker.

It could put technology companies out of business?

As a matter of fact, bankruptcy is inevitable.

Business failures are down 10 this year.

Corporate bankruptcies continued at a high level last month.

The company will soon go bankrupt.

They blamed him for the failure of the company.

Recently, many public bath houses have gone out of business.

So that actually leads to an interesting question, if the company goes bankrupt actually, let's do the example right now.

High tax and poor sales bankrupted the company.

The company is on the verge of bankruptcy.

Thousands of small businesses went under during the recession.

The newspaper said that XYZ oil company went belly up today.

loan to Bank D.

It's just a very senior type of debt.

It goes more into a story of life.

In the depression, your father nearly bankrupted Wayne Enterprises...

Because he practically bankrupted the casino and he was a 'ratard.'