Definition
When your Minecraft installation becomes so corrupted with conflicting mods that the only solution is to delete everything and start fresh — a digital apocalypse followed by rebirth. Perfect metaphor for when your life is too broken to fix, so you just restart.
Example Usage
I had 47 mods installed and the game won't load anymore. I'm declaring Minecraft bankruptcy and starting over.
Source: Urban Dictionary (https://www.urbandictionary.com/define.php?term=Minecraft%20Bankruptcy&defid=6352140)
Related Terms
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See “Minecraft Bankruptcy” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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