法律英语词汇“bankruptcy”的翻译、意思、用法、释义-法律词典

单词	bankruptcy
释义	bank·rupt·cy /'baŋ-ˌkrəp-sē/ n pl -cies 1: the quality or state of a bankrupt filed for ~ 2: the administration of an insolvent debtor's property by the court for the benefit of the debtor's creditors the debt was discharged in ~ ~ proceedings see also adequate protection; bankruptcy code in the important laws section compare insolvency, receivership ◇ Bankruptcy protects the debtor from debt collection by creditors. A debtor may file for bankruptcy, which is called “voluntary bankruptcy,” or a creditor may petition the court to declare the debtor bankrupt, which is called “involuntary bankruptcy.” Involuntary bankruptcy is allowed only under chapter 7 or chapter 11 of the U.S. Bankruptcy Code. There are four types of relief available to individuals or corporations under the Bankruptcy Code: liquidation (chapter 7), reorganization (chapter 11), debt adjustment for a family farmer (chapter 12), and debt adjustment for an individual with a regular income (chapter 13). Municipalities may file for bankruptcy under chapter 9. Generally, not all debts are repaid in a bankruptcy. The court determines which debts are to be repaid according to their priority, and the debtor is typically granted a discharge from unpaid debts that are dischargeable under the Bankruptcy Code.
随便看	specs speculate speculation speculative speculative risk speech speech or debate clause speedy trial spending power spendthrift spendthrift trust Spielberg Doctrine spin–off split split gift split sentence split–funded plan split–off split–up spoliation spoliator sponsor spontaneous declaration spontaneous exclamation spontaneous utterance

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