Bankruptcy 破产
- 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”。 - 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。 - He was adjudicated or declared bankrupt.
他被宣判或宣布破产。 - I’m broke.
我破产了。 - Insolvency matters are covered under the Bankruptcy Code.
资不抵债事项由《破产法典》调整。 - The company was close to bankruptcy.
公司接近破产。 - The company was declared insolvent.
公司被宣布无清偿能力。 - The court appointed a receiver to administer and liquidate the assets of an insolvent corporation.
法院指定了一个接管人以管理和清算破产公司的资产。 - The creditors decided ot initiate a bankruptcy proceeding.
债权人决定提起破产之诉。 - The debt was discharged in bankruptcy.
在破产中债务被解除。
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