arrangement in bankruptcy court

简明释义

破产法庭内的协调

英英释义

例句

1.The company filed for Chapter 11 and proposed an arrangement in bankruptcy court 破产法庭的安排 to restructure its debts.

该公司申请了第11章，并提出了一个破产法庭的安排 以重组其债务。

2.Investors were skeptical about the arrangement in bankruptcy court 破产法庭的安排 and its impact on future profits.

投资者对破产法庭的安排 及其对未来利润的影响表示怀疑。

3.The arrangement in bankruptcy court 破产法庭的安排 included a plan for selling off non-essential assets.

该破产法庭的安排 包括出售非必要资产的计划。

4.The small business owner was relieved when the arrangement in bankruptcy court 破产法庭的安排 was finalized, enabling him to keep his assets.

当破产法庭的安排 最终确定时，小企业主松了一口气，使他能够保留资产。

5.During the hearing, the judge approved the arrangement in bankruptcy court 破产法庭的安排 that allowed creditors to be paid over time.

在听证会上，法官批准了破产法庭的安排 允许债权人分期付款。

作文

In today's complex financial landscape, individuals and businesses sometimes find themselves in dire economic situations that lead them to seek legal protection through bankruptcy. One of the critical processes within this realm is the arrangement in bankruptcy court, which serves as a structured method for debtors to reorganize their debts and establish a feasible repayment plan. This process not only provides relief to the debtor but also aims to ensure that creditors receive some form of compensation for the amounts owed to them.The arrangement in bankruptcy court typically begins when a debtor files a petition for bankruptcy. This petition outlines the debtor's financial situation, including assets, liabilities, income, and expenses. Once the court accepts the petition, an automatic stay is put into effect, preventing creditors from pursuing collection activities. This moment of respite allows debtors to focus on restructuring their financial obligations without the constant pressure of looming debts.During the arrangement in bankruptcy court, the court plays a pivotal role in mediating between the debtor and creditors. A judge may appoint a trustee to oversee the proceedings, ensuring that all parties adhere to the rules and regulations set forth by bankruptcy law. The trustee's responsibilities include evaluating the debtor's financial status, negotiating with creditors, and ultimately developing a repayment plan that is fair and equitable.One significant aspect of the arrangement in bankruptcy court is the opportunity for the debtor to propose a repayment plan that is tailored to their specific financial circumstances. This plan must be approved by the court and accepted by a majority of the creditors. The goal is to create a realistic timeline and payment structure that allows the debtor to gradually pay off their debts while still maintaining their essential living expenses.Moreover, the arrangement in bankruptcy court can vary significantly depending on the type of bankruptcy filed. For instance, Chapter 11 bankruptcy is often utilized by businesses seeking to restructure their debts, whereas individuals may opt for Chapter 13, which focuses on repaying debts over a three to five-year period. Each type of bankruptcy has its unique rules and procedures, but the underlying principle remains the same: to provide a fair resolution for both debtors and creditors.Once the repayment plan is finalized and approved by the court, the debtor must adhere to the terms outlined in the agreement. Successful completion of the plan can lead to the discharge of remaining debts, offering the debtor a fresh start financially. However, failure to comply with the terms can result in severe consequences, including the dismissal of the bankruptcy case or further legal action from creditors.In conclusion, the arrangement in bankruptcy court is an essential mechanism for addressing financial distress. It offers a lifeline for individuals and businesses struggling with overwhelming debt, facilitating a structured approach to debt repayment while protecting the rights of creditors. Understanding this process is crucial for anyone considering bankruptcy as a means to regain financial stability. By navigating the complexities of bankruptcy court, debtors can find a path toward recovery and a brighter financial future.

在当今复杂的金融环境中，个人和企业有时会陷入严重的经济困境，导致他们寻求通过破产获得法律保护。在这一领域的一个关键过程是破产法庭的安排，它作为一种结构化的方法，使债务人能够重组债务并建立可行的还款计划。这个过程不仅为债务人提供了救济，还旨在确保债权人能够得到某种形式的赔偿。破产法庭的安排通常始于债务人提交破产申请。这份申请概述了债务人的财务状况，包括资产、负债、收入和支出。一旦法院接受申请，就会生效自动停滞，防止债权人追讨债务。这一缓解时刻使债务人能够专注于重组其财务义务，而不必承受迫在眉睫的债务压力。在破产法庭的安排期间，法院在债务人和债权人之间发挥着关键作用。法官可能会指定一名受托人来监督程序，确保所有各方遵守破产法规定的规则和条例。受托人的职责包括评估债务人的财务状况、与债权人谈判，并最终制定一个公平合理的还款计划。破产法庭的安排的一个重要方面是债务人有机会提出一个针对其特定财务情况量身定制的还款计划。该计划必须得到法院的批准，并被大多数债权人接受。目标是创建一个现实的时间表和付款结构，使债务人能够逐步偿还债务，同时仍然保持基本的生活开支。此外，破产法庭的安排可以根据申请的破产类型而有所不同。例如，第11章破产通常用于寻求重组债务的企业，而个人可能选择第13章，重点是在三到五年内偿还债务。每种类型的破产都有其独特的规则和程序，但基本原则保持不变：为债务人和债权人提供公平的解决方案。一旦还款计划最终确定并获得法院批准，债务人必须遵守协议中列出的条款。成功完成该计划可以导致剩余债务的解除，为债务人提供一个经济上的新起点。然而，未能遵守条款可能会导致严重后果，包括破产案件的驳回或债权人进一步的法律行动。总之，破产法庭的安排是解决财务困境的重要机制。它为面临压倒性债务的个人和企业提供了一条生命线，促进了债务偿还的结构化方法，同时保护债权人的权利。理解这一过程对任何考虑将破产作为恢复财务稳定手段的人来说至关重要。通过驾驭破产法庭的复杂性，债务人可以找到通往复苏和更光明财务未来的道路。