A strategic bankruptcy may occur when an otherwise solvent company makes use of the bankruptcy laws for some specific business purpose.

At the slightest disaster, bankruptcy and debt occurred.

If a bankruptcy occurs, either plan could become the basis of a court-supervised reorganization.

Writing in 1962, Blühm agrees, saying formal bankruptcy occurred in spring of 1735.

"As the mergers and consolidations and bankruptcies occurred, they suffered grievously," he said.

In a more direct sense, more bankruptcies also occurred due both to increased debt cost caused by deflation and the reduced demand.

Some bankruptcies will occur and people will be thrown out of work as companies try to cut costs to make up for the higher rates.

All the city and community efforts may fail, of course, if retail sales do not pick up, or if more bankruptcies occur.

However, for this to act as an effective discipline, the market must believe that the government would not rescue the firm if bankruptcy actually did occur.

However, when investors have no more opportunities to invest, the economy goes into recession, several firms collapse, closures and bankruptcy occur.