Do not use "busty" as it has an entirely unrelated meaning! "Broke" is informal and is not a synonym for "bankrupt". That leaves you with "bankrupt" which is suitable in formal business communication.
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samerrustomCan I use them interchangeably, and which one is better for business mails?Do you mean emails http://dictionary.cambridge.org/dictionary/british/email ?
samerrustomSome examples wi