Article 7. Where the debtor is unable to repay debts that are due, the creditors may file to declare the debtor bankrupt.
第七条债务人不能清偿到期债务,债权人可以申请宣告债务人破产。
So falling prices create a spiral in which assets are sold off to repay debts, triggering further price falls and further sales.
因此资产价格一旦下跌就会形成一个向下的螺旋线:资产被出售用于偿还债务,导致资产价格进一步下跌,更多的资产被出售。
The debtors of a bankrupt enterprise and persons holding the property of a bankrupt enterprise can repay debts or deliver property only to the liquidation team.
破产企业的债务人和财产持有人,只能向清算组清偿债务或者交付财产。
Article 7 Where the debtor is unable to repay debts that are due, the creditors may file to declare the debtor bankrupt.
第七条债务人不能清偿到期债务,债权人可以申请宣告债务人破产。
Article 7 Where the debtor is unable to repay debts that are due, the creditors may file to declare the debtor bankrupt.
第七条债务人不能清偿到期债务,债权人可以申请宣告债务人破产。
应用推荐