Bankruptcy
Go Bankrupt
noun, verbal noun
If someone tears all your property it'll lead to bankruptcy. With all your property torn, you're going to go bankrupt. What mean person did that?
This is a jukugo word that uses the on'yomi readings of the kanji. You should be able to read this on your own.
彼の祖父は江戸時代の破産した百姓だという噂だ。
It’s rumored that his grandfather was a bankrupt farmer of the Edo period.