Bankruptcies — no one likes to talk about them, but they’re a reality of business. Just like with everything in life, there are winners and there are losers. So this week, we’re talking losers.

It is time for the third installment of our annual companies destined for bankruptcy piece. Two places we’ll be scrutinizing this year are retail and the oil and gas stocks. But we’re also finding some trendy companies that will crash hard.

From our 2014 Bankruptcy Watchlist, two names on the list are already in bankruptcy,Dendreon, and Walter Energy. Then there’s The Bon-Ton Stores, Inc. (NASDAQ: BONT), which has fallen 85% since we highlighted it, and GameStop (NYSE: GME) is off 40%.

We also highlighted retailer RadioShack, which is now bankrupt. Then there’s Sears Holdings (NASDAQ: SHLD), which is down 50% since we called it a bankrupt company.

We also gave readers some big time food for thought, as we mentioned the possibility that US Steel (NYSE: X) might crumble under its pension liabilities. US Steel is over 100 years old and was once the largest company in the world. Shares are down 80% since we took it to task.

And the Bankruptcy Watchlist for 2015 was just as juicy, calling out retailers and various oil-related companies. hhgregg (NASDAQ: HGG) is off nearly 70% since then, and then there are the oil companies Transocean (NYSE: RIG) down 40% and Halcón Resources Corporation (NYSE: HK) off 90%. There’s also the all but bankrupt Seventy-Seven Energy (NYSE: SSE), another name off 90% since we called it out.

Our apparel retail calls were spot on, with Cache going bankrupt and the likes of bebe stores (NASDAQ: BEBE), Aeropostale (NASDAQ: ARO) and Pacific Sunwear (NASDAQ: PSUN) all falling more than 90%.

With all that in mind, let’s have a look at the companies that could go bankrupt in 2016: