On Bankruptcy Law, Bankruptcy Property System

The article deals with one of the important legal systems on insolvency legislation,the legal system of bankrupt estate,the rules are put forward about the range of bankrupt estate and the bankrupt estate's method handled ,in order to realize to protect the creditor and bankrupt's benifit n welfare. A reasonable and suitable legal legislation system to our country will be seeked for in the article that deals with bankrupt estate concept,nature and the prerequisite specially compares with legal system on the bankrupt estate in the western countries. The article concerns our country's legal system nowadays,give a relative definition about the range of bankrupt estate and research on the handling method of bankrkupt estate nowadays,while pay more attention to discuss a few questions to settle on the bankrupt estate in our country for the sake of our perfect insolvency legal systems.