白领必看:破产保护到底是什么意思实用英语
文章作者 100test 发表时间 2009:06:15 12:22:11
来源 100Test.Com百考试题网
最近,美国通用公司根据美国《联邦破产法》第11条申请破产保护成为新闻头条,我曾经一度疑惑是不是破产就等于倒闭了以后就没有通用了,结果被告知破产不等于倒闭,那么到底破产保护是什么意思呢?这个《联邦破产法》第11条到底是什么内容呢?一起来看看吧。
When an individual or business is unable to make payment to creditors to pay off their debts, they can file for bankruptcy protection under the bankruptcy laws of the United States. For an individual, bankruptcy protection may involve either a cancellation of most debts, along with the selling off of some of their assets, or a structured plan to pay down the debts that are owed. For a business, bankruptcy protection may either provide complete or partial relief of debts and contracts, assuming the business will remain in operation, or the business may cease operation and sell off its assets to pay debts。