become bankrupt

See: fail, lose, overdraw
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References in classic literature ?
Debray has made me lose 700,000 francs; let him bear his share of the loss, and we will go on as before; if not, let him become bankrupt for the 250,000 livres, and do as all bankrupts do -- disappear.
Most people become bankrupt through having invested too heavily in the prose of life.
He said that country is facing critical situation, every institution is near to become bankrupt.
Mr Cooper said: 'The Enterprise Act has indeed relaxed the restrictions for people who become bankrupt and speeded up the process, but bankruptcy still results in the bankrupt person losing their assets, for example the share of their home.
Unfortunately, owing to its remoteness and lack of charisma, the present botanical garden has become bankrupt.
By: OUR STAFF REPORTER LAHORE, June 4 (THE NATION): Leader of the Opposition in Punjab Assembly, Ch Zaheeruddin Ahmad Friday questioned tall claims of Punjab government about its sound financial condition, saying that if Punjab had not become bankrupt then why its assets were being auctioned to generate resources.
The Government claims that the new regulations will mean fairer treatment for people who have become bankrupt through no fault of their own while doling out tougher treatment for those who take advantage of their creditors.
'We are trying to lessen the amount we have borrowed, otherwise the country can even become bankrupt,' he said.
Our nation is going to become bankrupt due to rulers involvement in fighting proxy war.
Every month thousands of businesses in the UK become bankrupt or insolvent, some within the agricultural and food supply chain market.
'Don't worry,' he said when answering a question from a woman at a town hall session here who asked the chief minister if it was true that the state would become bankrupt within three years as claimed by Finance Minister Lim Guan Eng, due to its big budget.
On the financial side, (https://www.ibtimes.com/tesla-samsung-collaboration-galaxy-note-10-special-edition-not-real-2802473) Tesla isn't looking so great. (https://www.ibtimes.com/tesla-cuts-costs-curb-bankruptcy-10-years-model-y-could-be-its-hope-2793111) CEO Elon Musk confirmed that the company may become bankrupt  if it doesn't recover and maintain a healthy bottom line in 10 years' time.