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Go into bankruptcy

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Перевод go into bankruptcy на русский язык

go into bankruptcy
After years of financial struggle, the firm went into bankruptcy.
После многих лет финансовых трудностей фирма вошла в состояние банкротства.

Опеределения

To enter a legal state of insolvency where an individual or organization is unable to repay outstanding debts, leading to a court proceeding that may result in the liquidation of assets or a reorganization of debt.