bankrupt's assets

简明释义

破产者的财产

英英释义

例句

1.A detailed inventory was taken of the bankrupt's assets for the auction.

为了拍卖，对破产者的资产进行了详细清点。

2.The sale of the bankrupt's assets helped pay off some of the debts.

出售破产者的资产帮助偿还了一些债务。

3.The court appointed a trustee to manage the bankrupt's assets.

法院指定了一名受托人来管理破产者的资产。

4.Creditors are entitled to a portion of the bankrupt's assets during liquidation.

债权人在清算过程中有权获得破产者的资产的一部分。

5.Investors were interested in acquiring the bankrupt's assets at a discount.

投资者对以折扣价收购破产者的资产感兴趣。

作文

In the complex world of finance and business, the term bankrupt's assets refers to the properties and resources owned by an individual or entity that has declared bankruptcy. Understanding this concept is crucial for anyone involved in financial planning, investment, or legal proceedings concerning insolvency. When a person or business files for bankruptcy, they are essentially stating that they cannot meet their financial obligations, and their assets must be evaluated and distributed accordingly.The evaluation of a bankrupt's assets is a critical step in the bankruptcy process. It involves identifying all items of value that can be liquidated or sold to pay off creditors. These assets can include real estate, vehicles, bank accounts, investments, and personal property. However, not all assets may be subject to liquidation; certain exemptions exist that allow individuals to retain essential items necessary for living and working.For example, many jurisdictions have laws that protect a primary residence from being sold in bankruptcy proceedings, up to a certain value. This means that while a bankrupt's assets may include a home, the homeowner might be able to keep it if it falls within the protected value limit. Similarly, tools of the trade or basic household goods may also be exempt from liquidation. Understanding these exemptions is vital for anyone facing bankruptcy, as it can significantly impact their post-bankruptcy life.The distribution of a bankrupt's assets is overseen by a bankruptcy trustee, who is responsible for managing the bankruptcy estate. The trustee will assess the value of the assets, sell non-exempt properties, and distribute the proceeds to creditors according to the priority established by bankruptcy law. Secured creditors, who have collateral backing their loans, typically receive payment before unsecured creditors, such as credit card companies and medical bills. This hierarchy can affect how much each creditor ultimately receives, making it essential for them to understand the implications of a debtor's bankrupt's assets.Moreover, the treatment of bankrupt's assets can vary depending on the type of bankruptcy filed. For instance, in a Chapter 7 bankruptcy, assets are liquidated to pay off debts, while in a Chapter 13 bankruptcy, individuals create a repayment plan to keep their assets while paying off a portion of their debts over time. This distinction highlights the importance of understanding the nature of bankrupt's assets and how they are managed in different bankruptcy scenarios.In conclusion, the concept of bankrupt's assets plays a pivotal role in the financial landscape, especially for those navigating the challenges of bankruptcy. By comprehending what constitutes these assets, their valuation, and the legal framework surrounding their distribution, individuals can make informed decisions during financial distress. Whether one is a debtor, creditor, or simply interested in financial literacy, grasping the implications of bankrupt's assets is essential for understanding the broader implications of bankruptcy on personal and business finances.

在复杂的金融和商业世界中，术语破产资产指的是已宣布破产的个人或实体所拥有的财产和资源。理解这个概念对于任何参与财务规划、投资或与破产相关的法律程序的人来说都是至关重要的。当个人或企业申请破产时，他们基本上是在声明自己无法履行财务义务，因此必须评估和分配他们的资产。对破产资产的评估是破产程序中的关键步骤。这涉及识别所有可以清算或出售以偿还债权人的有价值物品。这些资产可能包括不动产、车辆、银行账户、投资和个人财产。然而，并非所有资产都可能被清算；某些豁免存在，允许个人保留生活和工作所必需的基本物品。例如，许多司法管辖区有法律保护主要居所不在破产程序中出售，直到一定的价值。这意味着虽然破产资产可能包括一套房子，但如果其价值在保护限额内，房主可能能够保留它。同样，营业工具或基本家用物品也可能豁免于清算。理解这些豁免对于面临破产的任何人来说都是至关重要的，因为这会显著影响他们破产后的生活。对破产资产的分配由破产受托人监督，受托人负责管理破产财产。受托人将评估资产的价值，出售非豁免财产，并根据破产法规定的优先顺序向债权人分配收益。拥有抵押品作为贷款担保的担保债权人通常在无担保债权人（如信用卡公司和医疗账单）之前获得付款。这种优先级可能影响每位债权人最终收到的金额，因此了解债务人的破产资产的影响至关重要。此外，破产资产的处理方式可能因申请的破产类型而异。例如，在第7章破产中，资产被清算以偿还债务，而在第13章破产中，个人创建还款计划以在偿还部分债务的同时保留其资产。这一区别突显了理解破产资产的性质及其在不同破产情境下的管理的重要性。总之，破产资产的概念在金融领域中扮演着关键角色，尤其是对于那些面临破产挑战的人。通过理解什么构成这些资产、它们的估值以及围绕其分配的法律框架，个人可以在财务困境中做出明智的决策。无论是债务人、债权人，还是仅对金融素养感兴趣的人，掌握破产资产的影响对于理解破产对个人和商业财务的更广泛影响至关重要。