Image for post
Image for post

When creditor finds DEBTOR’s INSOLVENCY (Bankruptcy or Rehabilitation), it should report the court as a creditor and submit evidence for credit.

In BANKRUPTCY or REHABILITATION procedures, creditor shall attend the meeting of creditors / assembly of related persons several times.

After BANKRUPTCY / REHABILITATION procedures, debtor shall pay according to its repayment plan and creditor can recover certain part of its credit by partial payment for several years.

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch

Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore

Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store