债务人的破产 meaning in Chinese

bankruptcy of the debtor

Any application after the deadline will cause the disadvantage influence to the creditor . the property of the bankruptcy
破产和解制度是为弥补传统破产制度的缺陷而在19世纪创设的，其目的是为了避免债务人的破产清算。
However , the system of composition with creditors and the system of reorganization concern the harmony of creditor interests and debtor interests more . the aim of them is to prevent bankruptcy which could bring great loss to creditor and debtor and even cause economic crisis
而破产和解与重整制度在调协债权人与债务人的基础上，预防债务人的破产导致债务人、债权人的利益遭受损失，甚至导致经济危机而引起社会的震荡。