Where a legal-person enterprise lacks the ability to repay the debt due for repayment because of serious losses, the creditor may apply to the people's court to declare the debtor bankrupt for debt repayment,
企业法人因严重亏损,无力清偿到期债务,债权人可以向人民法院申请宣告债务人破产还债,
"Safeguarding the Rights" of "Natural Creditors Rights" --Whether the creditors "missing the period of the validity of lawsuit" can realize the right when the debtors bankrupt;
“自然债权”的“维权”——“过了诉讼时效”的债权人在债务人破产时能否实现权利
Bonorum venditio
变卖破产债务人的财产
Discharge in Bankruptcy
已解除债务的破产人
A debtor may file for bankruptcy,which is called "voluntary bankruptcy".
债务人可以申请破产,这叫做“自愿破产”。
Inasmuch as the debtor has go bankrupt, I will abandon the claim.
债务人既已破产,我将放弃债权。
Bankruptcy protects the debtor from debt collection by creditors.
破产程序保护债务人免受债权人的讨债。
Actio Rutiliana
收买(活着的)破产债务人财产之诉
and the debtor also may apply to the people's court to declare itself bankrupt for debt repayment.
债务人也可以向人民法院申请宣告破产还债。
Study on the Relief Right for Debtors of Bankrupt Enterprises in Bankruptcy Proceedings;
破产程序中破产企业之债务人权利救济研究
Person who have be release from be bankrupt
从破产中被解除了债务的人
Article33. Creditors which owe debts to the bankrupt enterprise may offset them before the bankruptcy liquidation.
第三十三条债权人对破产企业负有债务的,可以在破产清算前抵销。
Where a debtor has become insolvent, a creditor may file a petition with the people's court for the restructuring or the bankruptcy liquidation of the debtor.
债务人不能清偿到期债务,债权人可以向人民法院提出对债务人进行重整或者破产清算的申请。
Becomes bankrupt or insolvent
破产或无力偿还债务
On the Property Institution of Debtors in Article Thirty of New Insolvency Law;
论新破产法第30条中的债务人财产制度
Article5. Bankruptcy cases shall be under the jurisdiction of the people's courts in the location of the debtor.
第五条破产案件由债务人所在地人民法院管辖。
(esp of a bankrupt person or firm)still legally obliged to pay money owing to creditors
(尤指破产的个人或公司)仍须清偿债务的.
Insolvent An individual or company unable to repay their outstanding debts.
破产的个人或公司不能支付他们未偿还的债务。
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