bankruptcy

由于生意失败，他不得不宣布破产。

After his business failed, he had to declare ___bankruptcy.

由于连续亏损，这家工厂被迫宣布破产。

After continuous losses, the factory had to declare ___bankruptcy.

公司申请破产保护以重组债务。

The company filed for ___bankruptcy protection to reorganize its debts.