Top definition
A situation in which someone has taken out a loan on fucks and then defaulted, because they've given too many fucks to ever repay.
"Dude. my girl just dumped me AGAIN and I--"

"Profoundest apologies, my friend, but I fear I am unable to give a fuck about your tale of woe: you see, I've had to declare fuckruptcy in the wake of giving too many fucks about your shit last week."
by Mollena May 23, 2013
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2
The act of giving so few fucks that, in time, you will be in give-a-fuck debt and unable to pay back all of that debt. Declaring fuckruptcy is a good way to elminate your give-a-fuck debt and start over
Jangles gave so few fucks over the course of his career that after five years he had to declare fuckruptcy. Last I heard he still didn't give a fuck.
by Mr_BoJangles March 23, 2013
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