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24 months ago

bravo (a guest user) asked this question:

Language pair:

English > French

Subject:

General

Level of diffculty:

Easy / medium

Word or term in question:

law for the relief of insolvent debtors

Context:

The other ceases to trade, becomes dissolved, or enters into liquidation whether voluntarily or compulsorily or becomes subject to or submits to any law for the relief of insolvent debtors, or compounds with its creditors or has a receiver

 

 

The answer of CMD  See profile was rated best

loi sur l'allègement (de dettes) de débiteurs insolvables

My comment:

NB allègement = allégement (!)

alléger -> débarrasser de dettes -> redresser , i.e. réctifier les comptes et rattrapper le manque pour réussir à faire correctement [LR ; Potonnier ; Doucet, Fleck ]

-> Relief of Insolv. Debtors in England cf https://www.legislation.gov.uk/ukpga/Vict/1-2/110/enacted/data.xht?view=snippet&wrap=true

-> bankruptcy cases: => help for people who couldn't pay their debts, they were given chances to restart!
cf https://www.lsd.law/define/court-for-the-relief-of-insolvent-debtors