When a company bankcrupt?

I want to know when a company bankrupt. which chapter in which book in CFA program will explain this point, pls, tell me
thank you very much.

I don’t have the latest addition of the books, but I’m pretty sure there’s a glossary in the back. Search under “B” or try Google.

You can download the study sessions here:

It looks like it is reading 55 that covers bankriptcy.