INSOLVENCY LAW

INSOLVENCY LAW

insolvency law. A statute that provides relief to a debtor who lacks the means to pay creditors. ? The term is sometimes used interchangeably with bankruptcy law because legislative drafting may not produce a bright-line distinction. ¡ª Also termed insolvent law. Cf. BANKRUPTCY LAW(2).
What is the legal equivalent of the term INSOLVENCY LAW in Chinese?
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