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China legal tool Individual bankruptcy National framework
Interactive China legal orientation tool. Review the result with the relevant legal guide and qualified counsel where facts or local implementation matter.
A natural person residing in Shenzhen who has participated in Shenzhen social insurance continuously for at least three years and has lost debt-paying ability or has insufficient assets due to production/business or living consumption can apply for liquidation, reorganization or reconciliation. Improper-purpose applications and certain repeat-bankruptcy cases can be rejected.
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