declaration of bankruptcy

简明释义

破产宣告

英英释义

例句

1.Investors were shocked by the sudden declaration of bankruptcy from the tech startup.

投资者对这家科技初创公司突然的破产声明感到震惊。

2.The declaration of bankruptcy allowed the business to reorganize its debts.

这份破产声明使得企业能够重组其债务。

3.After struggling for years, the company made a declaration of bankruptcy.

经过多年的挣扎，这家公司做出了破产声明。

4.His personal finances led him to file a declaration of bankruptcy.

他的个人财务状况迫使他提交了破产声明。

5.The court accepted the declaration of bankruptcy and scheduled a hearing.

法院接受了该破产声明并安排了听证会。

作文

The term declaration of bankruptcy refers to a legal status that occurs when an individual or business is unable to repay their outstanding debts. This process is initiated by the debtor and is recognized by the court, allowing for a formal declaration that the debtor cannot meet their financial obligations. The declaration of bankruptcy serves as a crucial mechanism for individuals and businesses in distress, providing them with a pathway to reorganize or eliminate their debts under the protection of the law.When a person or a company files for a declaration of bankruptcy, it often comes after a prolonged period of financial struggle, where various attempts to manage debts have failed. This might include cutting costs, negotiating with creditors, or seeking alternative financing. However, when these measures prove insufficient, the declaration of bankruptcy becomes a viable option to regain control over one’s financial situation.There are different types of bankruptcy filings, each serving distinct purposes. For individuals, Chapter 7 and Chapter 13 bankruptcies are the most common. A Chapter 7 bankruptcy involves liquidating assets to pay off creditors, while a Chapter 13 allows individuals to create a repayment plan to settle debts over time. For businesses, Chapter 11 bankruptcy is often used, which enables companies to restructure their debts while continuing operations. The declaration of bankruptcy can provide a fresh start, allowing debtors to emerge from the process with a clean slate.However, the declaration of bankruptcy is not without its consequences. It can significantly impact an individual’s credit rating, making it difficult to secure loans or credit in the future. Additionally, the stigma associated with bankruptcy can affect personal and professional relationships. Despite these drawbacks, many find that the benefits of a declaration of bankruptcy outweigh the negatives, especially when it provides relief from insurmountable debt.In many cases, the declaration of bankruptcy leads to a sense of relief and a chance to rebuild. After the process is complete, individuals and businesses can begin to take steps toward financial recovery. This may involve budgeting, saving, and learning more about financial management to prevent similar situations in the future. Education and support are crucial during this transition, as they help debtors understand their financial habits and make informed decisions moving forward.Moreover, the societal perception of bankruptcy has evolved over the years. While it was once viewed as a sign of failure, many now recognize it as a legitimate financial strategy that can lead to recovery and growth. The declaration of bankruptcy can serve as a powerful reminder that financial difficulties can happen to anyone, and seeking help is a courageous step towards regaining stability.In conclusion, the declaration of bankruptcy is a significant legal process that provides individuals and businesses a way to address overwhelming debt. While it carries certain repercussions, it also offers a path to recovery and a fresh start. Understanding the implications and processes involved in a declaration of bankruptcy is essential for anyone considering this option. With the right support and resources, individuals can successfully navigate through bankruptcy and emerge stronger on the other side.

“破产宣告”一词指的是当个人或企业无法偿还其未偿债务时所发生的法律状态。这个过程由债务人发起，并得到法院的认可，允许正式宣布债务人无法履行其财务义务。“破产宣告”是处于困境中的个人和企业的重要机制，为他们提供了在法律保护下重组或消除债务的途径。当一个人或公司申请“破产宣告”时，这通常是在经历了一段长期的财务斗争后，期间各种管理债务的尝试均以失败告终。这可能包括削减成本、与债权人谈判或寻求替代融资。然而，当这些措施证明不足时，“破产宣告”就成为重新掌控财务状况的可行选择。破产申请有不同类型，各自服务于不同的目的。对于个人而言，第七章和第十三章破产是最常见的。第七章破产涉及清算资产以偿还债权人，而第十三章则允许个人制定还款计划，分期偿还债务。对于企业而言，第十一章破产通常被使用，它使公司能够在继续运营的同时重组债务。“破产宣告”可以提供一个新的起点，使债务人在此过程中获得一个干净的开始。然而，“破产宣告”并非没有后果。它可能会显著影响个人的信用评级，使未来获得贷款或信用变得困难。此外，与破产相关的污名可能会影响个人和职业关系。尽管有这些缺点，许多人发现“破产宣告”的好处超过了负面影响，尤其是在它提供了摆脱无法承受的债务的缓解时。在许多情况下，“破产宣告”带来了宽慰和重建的机会。过程完成后，个人和企业可以开始采取步骤实现财务恢复。这可能涉及预算、储蓄以及更多地了解财务管理，以防止未来出现类似情况。教育和支持在这一过渡过程中至关重要，因为它们帮助债务人理解其财务习惯，并在未来做出明智的决定。此外，社会对破产的看法也随着时间的推移而演变。虽然曾经将其视为失败的标志，但如今许多人认识到这是一种合法的财务策略，可以导致恢复和增长。“破产宣告”可以作为一个强有力的提醒，表明财务困难可能发生在任何人身上，寻求帮助是朝着恢复稳定迈出的勇敢一步。总之，“破产宣告”是一个重要的法律程序，为个人和企业提供了一种解决压倒性债务的方法。虽然它带来某些后果，但它也提供了一条通往恢复和新起点的道路。了解“破产宣告”所涉及的含义和过程对于考虑这一选项的任何人来说都是至关重要的。在合适的支持和资源下，个人可以成功地度过破产，并在另一边变得更强大。