15 Biggest Companies That Went Bankrupt

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13. Texaco

Total assets at the time of bankruptcy (in billions of dollars): 34.9

Date of bankruptcy:  December 4, 1987

A subsidiary of Chevron (NYSE:CVX), Texaco filed for bankruptcy back in 1987 and was the biggest bankruptcy for a long while in US history.

Chevron Corporation (NYSE:CVX), Sign, gass station, logo, Symbol, oil, fuel

Ken Wolter / Shutterstock.com

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