bankruptcy 

a sect of humans native to the sixth floor; this species is known for their grossly gigantic testicles, lack of work ethic and foul odor; partial to wolf's delivery and keg beer.

man, bankruptcy screwed the fucking pooch. again.

bankruptcy by Professor Timmy C March 12, 2003

Bankruptcy 

Something that makes all debt go away magically according to Michael Scott .

“Bankruptcy makes it just disappears?”

“Just like that!”

Bankruptcy by user 1234567890 February 2, 2021

bankruptcy blowout 

When a business sucks ass and files for bankruptcy resulting in a liquidation sale where a nigga can find some hella deals

Tom: Dude, I heard Morning Wood Lumber Co. is going out of bankruptcy.
Mike: yeah man, theyre gonna have 75% off everything sale. I love a good ol' fashioned bankruptcy blowout!

bankruptcy blowout by spray_and_pray October 31, 2015

hood bankruptcy 

when you go so broke, you sell your video game consoles.

bruh i just went into hood bankruptcy and had to sell my ps4 and xbox-one.

hood bankruptcy by eval October 25, 2020

Arse Bankruptcy

Usually applied for when you have the trots but its got to the fizzy gob point where there is nothing left to yield.

Being very ill with a stomach complaint for a significant period of time,

i.e
Pete- Wheres Dave then Stu?
Stu- He's been off work with the gutrot, its been three days now he must be at the point of Arse bankruptcy

Arse Bankruptcy by Anders Par November 9, 2010

Spank Bankruptcy 

The exceedingly rare state of having an overdrawn account at one's local spank bank. Such a tragedy can be caused by making constant withdrawals without the foresight to make any deposits. This state is usually temporary as the realization that one's account is overdrawn is immediate and there is abundant material ripe for deposit on the interwebs.

'I heard Orren had a mean case of "Spank Bankruptcy" the other day.'

"Oh yeah? What happened?"

"I think he was taken aback at first but I'm sure he just browsed the grade 9 section of the yearbook a bit and got right back on the horse"

"Attaboy O-Dog"

Spank Bankruptcy by Grumbleweeds September 26, 2011

Moral Bankruptcy 

n.

1. A declaration at some point during the evening (it may be declared by friends or a self-declaration), that you are now totally lacking in moral principles or quality for the remainder of the evening; Unscrupulous;

2. Depleted of valuable qualities or characteristics

Yo, my man has a wedding ring and is grinding on everybody in this club... I guess he's declared moral bankruptcy.

Friend: That girl is hella drunk. Since I already declared moral bankruptcy, I'm calling dibs.
You: Damn son, you are one grimy son of a bitch.

Moral Bankruptcy by The Incredible Hawk July 30, 2009