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i declare bankruptcy

"Bankruptcy is nature's do over." -Creed Bratton
what michael scott shouts when creed tells him that declaring bankruptcy will make all of his problems go away
michael declared (not said) this because he thought declaring bankruptcy was that simple
by anna is a bananya May 2, 2019
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Ch. 69 Bankruptcy

The carnal connection of mediocre attention-hungry accountants that results in so much cringe, both their respective employers immediately file for bankruptcy.
Oh man, Pete and Liz almost caused a major Ch. 69 Bankruptcy with all of their disgusting flirting.
by Tankdog November 13, 2020
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Section 12 bankruptcy

As opposed to Section 11, if you file for Section 12 bankrupcy, and you're successful, it means the Fed will bail you out.
AIG were succesful in their bid for Section 12 Bankruptcy, whereas Lehmann Bros were allowed to go under.
by Seanoooog October 31, 2008
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voice mail bankruptcy

Having so many voice mails that you have to delete everything and start over cuz there is no way you will ever be able to call everyone back.
Jennae had to declare voice mail bankruptcy cuz she was over 100 and everybody knows that people only leave voice mails when they want something.
by JRK STP July 26, 2007
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Common Law Bankruptcy (In Pro Per)

when you can't afford an attorney, the fees or even the gas to get to Bankruptcy Court, you just declare Common Law Bankruptcy (In Pro Per..means "I represent myself").
who knows better than YOU how much money you don't have & how you just can't make payments on credit cards.
when the collection agency called, i declared Common Law Bankruptcy (In Pro Per).
by yuba gurl June 25, 2012
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mutually assured bankruptcy

The idea that when two hyper-competitive people or organizations decide to directly advertise against one another the firsts move will elicit a response from the second that will begin a series of escalations in marketing expenditures beyond what would be reasonable in an efficient free market to the point of bankruptcy for both people or organizations. The term comes from the Cold War-era term Mutually Assured Destruction.
McDonald's and Burger King were so concerned with market share with the Big Mac and Whopper that they lost sight of the button line and in an effort to one-up the other in marketing dollars and thus market share, they are both now doomed. It is mutually assured bankruptcy.
by Fat Aaron January 13, 2020
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hood bankruptcy

Selling your cardano crypto currency because you need money to survive.
Omar El Souessy declared hood bankruptcy by selling his crypto.
by munde0 March 22, 2022
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