强制清算 meaning in English

compulsory liquidation

Usbankruptcy laws provide for variousprocedures for companies and individuals ? chapter 7 of the bankruptcy reform act deals with involuntary liquidation and provides for a court - appointed administrator ; chapter 10allows a business to reorganise under a courtappointedindependent manager ; chapter 11allows voluntary reorganisation underexisting management who negotiate withcreditors ; chapter 13 allows individuals torepay creditors over time , normally fromfuture income
美国破产法针对公司和个人规定了多种破产程序一破产法修正案第7章规定强制清算并要求法院指派的财产管理人；第10章允许公司在法院指派的独立经理人管理下进行重组；第11章允许现有管理层与债权人协商后进行自愿重组；第13章允许个人逐步偿债，通常用将来的收入。