On The System Of Bankruptcy

As a professional worker working at bankruptcy first lines, the author personally experienced an embarrassing situation. In order to completely understand bankrupt system, make out the cause of this formation and find out some solutions, the author introduces all the basic theorize of bankrupt law and its historic evolution, then analyses the weakness of Chinese bankrupt law through contrasting the foreign and Chinese bankrupt law running at present, then the author anticipate the legislation tendency of Chinese future bankrupt law with contrast between the present law and later coming ones.In the first chapter, it presents the origin of bankrupt law backed the Chinese and foreign culture, multiple-nation, poly-feathers, elements of operation, and so on.The second past, focuses on the purpose of the legislation and its partiapannts, the order of operation, and then, explains the weakness of present enterprise bankrupt law.In the third past, by using new legislation system, contrasting the former and later pattern, tries to make a new understanding about our new bankrupt law, The last part concludes a general preservation about all the bankrupt, instigations in all countries and now or past time .in a word, whatever the form or the contest, the new enterprise bankrupt law is more scientific, more completed than the present one.Moreover, compared to the foreign developed system, it exists its own shortcomings, as the limits in frameworks, monotone processes setting and so on.