الإفلاس في المادة التجارية

Abstract

Commercial bankruptcy is considered one of the means of enforcement against the debtor, and it is a system that applies only to a special category of people, which is the category of merchants. The basis of the bankruptcy system is that the merchant maintains the management of his money and his independence in his affairs as long as he continues to pay his debts on their due dates, if it is proven that the bankruptcy has stopped. The merchant has stopped paying his commercial debts or it has been proven that he is using illegal means to support financial confidence in him, so his hand must be removed from managing his money to prevent him from tampering with the rights of creditors. This is the basis on which the bankruptcy system is based. It works to protect the rights of creditors, and it also works to make them equal in the rights they have. To them so that some do not lose all their debts and deprive others of obtaining something.