The person subject to enforcement is a citizen or other organization, and can execute the distribution (the money cannot pay off all the debts, everyone shares it together), if it is an enterprise that can go bankrupt, it is not applicable to the execution of distribution, and we will briefly talk about the provisions of the law.
1. In principle, an enterprise that can go bankrupt may go bankrupt.
If the debts cannot be fully repaid, bankruptcy proceedings can be carried out in principle, and the effect of bankruptcy and enforcement of distribution is similar.
II. How to distribute insolvency proceedings if they are not commenced.
After deducting the costs of enforcement and the repayment of claims that are preferentially repaid, ordinary claims shall be repaid in the order of property preservation and the seizure, seizure and freezing of assets in the course of enforcement. To put it simply, "first come, first served" to see who takes action on the property first.
3. Forcing creditors to file for bankruptcy.
The intention of the Supreme Court's judicial interpretation is self-evident, if the creditors in the back insist on not filing for bankruptcy, you may not be able to share the money, and everyone who applies for bankruptcy will be treated equally, and you can still share more or less points.
4. The bankruptcy application may not be accepted by the relevant court.
Bankruptcy requires certain conditions and procedures, which does not mean that the creditor will be bankrupt and distributed proportionally as soon as the creditor applies for the debtor, and there are many detailed rules in it.