Adjudication of bankruptcy or declaration of bankruptcy

• 宣布破产

Adjudication of bankruptcy or declaration of bankruptcy的用法和样例：

例句

1. Not long after Tom declared bankruptcy, his house went up for auction.
   汤姆宣布破产不久后，他的房子就被拍卖了。
2. Once the business fails, they have to declare personal bankruptcy and could lose personal assets, too.
   一旦生意失败，他们便不得不宣布破产，还可能丧失个人财产。