Chapter 7 bankruptcy is the debtor's (non-exempt) assets are sold to repay outstanding debts, with the remainder of the debt not needing to be repaid. Qualification for Chapter 7 bankruptcy is contingent on earning below a certain income threshold. Chapter 11 bankruptcy is where the debtor ...
You will have to pull in if you want to escape bankruptcy.如果你想避免破产,就必须节省开支。 His firm is just on thin ice of bankruptcy.他的商号正面临破产的危险。 57 undertakings 企业( undertaking的名词复数 ); 保证; 殡仪业; 任务 参考例句: The principle of diligence and frugality applies ...