How to say i hear his business is on the verge of going bankrupt. in Japanese

1)彼の彼の(kano) (adj-pn) that事業事業(jigyou) (n) project/enterprise/business/industry/operations/act/deed/conductは(ha) (int) indicating a subject/yes/indeed/well/ha!/what?/huh?/sigh破産破産(hasan) (n,vs) bankruptcy/insolvencyし(shi) (num) 10^24/septillion/quadrillionそうだといううわさだno dictionary result, likely a conjigated verbno dictionary result, likely a conjigated verb。(。) Japanese period "."    
kano jigyou ha hasan shisoudatoiuuwasada 。
Grammer form日常会話 (Casual form)Casual form (nichijoukaiwa)
everyday casual language, commonly used between friends and family.
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