法律英语：bankruptcy 破产
Bankruptcy protects the debtor from debt collection by creditors.
破产程序保护债务人免受债权人的讨债。
A debtor may file for bankruptcy,which is called "voluntary bankruptcy".
债务人可以申请破产，这叫做“自愿破产”。
He was adjudicated or declared bankrupt.
他被宣判或宣布破产。
I'm broke.
我破产了。
Insolvency matters are covered under the Bankruptcy Code.
资不抵债事项由《破产法典》调整。
The company was close to bankruptcy.
公司接近破产。
The company was declared insolvent.
公司被宣布无清偿能力。
The court appointed a receiver to administer and liquidate the assets of an insolvent corporation.
法院指定了一个接管人以管理和清算破产公司的资产。
The creditors decided ot initiate a bankruptcy proceeding.
债权人决定提起破产之诉。
The debt was discharged in bankruptcy.
在破产中债务被解除。