The Protection Of Creditors' Interests Based On The Balance Of Interests In Bankruptcy Law

The beginning of the insolvency regime is to create the realization of the interests of creditors for the purpose. With the social development and insolvency regimes are increasingly improved and gradually formed a bankruptcy law for creditors, debtors and other relevant stakeholder concept of multi-protection legislation in order to seek the balance of interests of all parties to protect. However, the provisions of the Bankruptcy Law that there are a number of inadequate protection of the interests of the creditors of the situation, such as the causes and conditions of bankruptcy, in the selection of the insolvency administrator, as well as labor claims and secured claims, and many other aspects of the liquidation order in there the lack of protection of creditors.This paper seeks to China's existing bankruptcy law, creditor protection, related systems should be straightened out, to identify shortcomings and make recommendations so that the interests of creditors are fully protected.