1 - Even his very close friends did not realize that, following a sharp fall in sales, he was heading for bankruptcy.

2 - The recovery of private industries which were on the verge of bankruptcy was the main issue for the new government.

3 - It was pointed out that the company, which had been on the verge of bankruptcy, got over the crisis through substantial borrowings from various banks.

4 - A company with more debts than money to pay them, or in other words more liabilities than assets, is insolvent and if a creditor takes the matter to court the company may be declared bankrupt.

5 - What retrieved the country from bankruptcy and spun it into an economic boom was the massive inflow of foreign capital.