In short
The closing of bankruptcy does not erase the debt. The closing decision writes that the liquidation has ended. It does not mean every debt was collected. That a dividend fell does not show that the whole of the debt was paid. An unpaid balance is not treated as erased by the closing sentence. A decision lifting the bankruptcy is not the name of this text. Collection is read from the dividend document. If there is no document, it is not treated as collected.
Closing writes that the liquidation has ended
Closing is the court recording that the bankruptcy administration, or the bankruptcy office, has completed the liquidation. That no value remains on the estate to be distributed can also be read as the liquidation having ended. The ending does not mean that all of the creditors have been closed. If there is no collection line in the text of the decision, collection is not assumed. If the ground is long and the paragraph is short, the result is read from the paragraph. If the paragraph writes only closing, the writing is not turned into a sentence that the debts have ended.
A notice announcing the opening is not a closing decision. The announcement of opening is not put in place of the closing paragraph. The particulars of the notice are not pasted in place of the copy of the decision. If the copy of the decision is not in the file, the notice is not treated as having proved the closing. If the two papers are standing, their headings are read separately. The opening heading is not taken for the closing heading.
The route by which the bankruptcy was opened is not the name of the closing either. The route of opening is under a bankruptcy action. Acceptance of the action does not mean the liquidation paid every item. The creditor in the party box is not treated as having received collection by the closing.
Lifting is a separate operative paragraph
Lifting of the bankruptcy rests on the claim that the debts and the costs were met. If there is lifting, the bankruptcy does not stay standing. This result does not mean closing does the same work in every file. Closing is given because the liquidation has ended. Lifting is asked for because the debts were closed. A deposit amount is not in this text. If the amount is not in the account in the file, it is not written. If the account table shows line by line which item was met, those lines are read. An item left empty on the table is not treated as met.
If the headings of the two decisions are mixed, the operative paragraph is read first. If the paragraph writes closing, lifting is not assumed. If the paragraph writes lifting, closing is not renamed as an uncollected balance. An interim decision is neither closing nor lifting. If a missing document was asked for in the interim decision, the document that was asked for is not a writing that the debt was erased. If the missing document arrived later, the document that arrived is read by its own name. If the document that arrived is not a closing decision, a closing is not produced.
A writing given while the creditor’s objection continues does not mean the liquidation has ended. If the heading of the writing is not closing, the heading is not changed. A “closed” note on the file cover is not an operative paragraph. If the note stands as a clerk’s explanation, the explanation is not put in place of the decision.
A dividend document is not full collection
The dividend that falls to the creditor is formed according to the value on the estate and the rank on the list. The dividend is not built in this text as a fraction. A schedule, or a dividend list, shows how much was paid. If there is no document, the amount paid is not remembered. A payment that appears on the document is not treated as having closed a balance that does not appear. If the explanation on the schedule says to which creditor it was written, that saying is read. If there is no explanation, the payment is not treated as spread to all the creditors.
If more than one item is written to the same creditor, each item stands on its own line. A dividend that falls to one item does not close the other item. If wages and an invoice appear on the same schedule, the two lines are kept. One is not erased and added to the other. If the place on the order of priority shows which item the dividend went to, that place is read. If the list and the schedule conflict, the conflict is written. The conflict is not completed in favour of the higher amount.
An argument about rank is not the form of a closing petition. Closing does not correct the list line backwards. The first notification to the estate is not closing either. The notification is under recording a debt in the bankruptcy estate. Having been notified does not mean a dividend was received. An item that was not notified does not enter the schedule of its own accord by the closing sentence.
An unpaid line is not treated as erased
A document drawn up for the unpaid part is not the closing decision itself. The document can write the balance. That it writes it is not a result that the debt was erased. That it writes it is not a result that the balance will be asked for again at that moment either. If there is no balance record, the balance is not produced from a difference that is remembered. The difference is read only if the amounts on the two documents stand side by side. If there is a single document, the amount of the single document is not exceeded.
The route over property acquired later is not built in this text with a calendar. The condition is not announced before the balance record and the debtor’s later assets are seen. If the title or the account of the later property is not in the file, the text is not completed as if the property were there. If there is property, the property does not on its own defeat the claim that the closing erased the debt. The two records are read separately.
A release document is a separate paper. If there is no release, closing is not read in place of a release. If there is a release, the release is limited to the item it writes. An item that is not written is not added to the release. A minute of waiver is also read from its own sentence in the same way. If there is no minute, there is no giving up.
The surety, the partner, and later property
The ending of the company’s legal personality is not a receipt of collection. Seeing a striking off in the register does not show that the debt was paid. The striking off can be the trace of the closing in the register. The trace does not erase the balance line. A debt against a partner is not written of its own accord by the closing. A partnership share is not an assignment of the debt. The transfer of the share is not built in this text. If there is no transfer document, the partner is not treated as having become a creditor.
A debt against the surety is not written of its own accord by the closing either. The surety’s door is under the surety of the person who went bankrupt. Closing does not tear up the signature of suretyship. If there is an amount the surety paid separately, that amount is on its own receipt. If there is no receipt, the surety is not assumed to have paid. The receipt does not take the place of the principal debtor’s closing decision.
A postponement that has gone out of force is not read as an institution that stops closing. An old postponement cover does not put the closing paragraph into a postponed state. If the cover and the paragraph conflict, the paragraph is read. A concordat file is not an annex of this closing. If there are two numbers, the two numbers are written. One does not erase the other’s debt.
An attachment at the opening does not come back with closing
The falling of attachment when bankruptcy is opened is a separate question. Closing does not bring back an attachment that fell at the opening. The attachment minute is not an annex of the closing decision. If there is no minute, the attachment is not treated as both having fallen and having revived with the closing. A later step in the enforcement file is read separately from the closing paragraph. If there is no step, a step is not produced.
A closing notice is not the decision itself either. The notice can announce the closing. The announcement does not take the place of the dividend schedule. If the creditor’s name is not in the notice, the absence does not mean the balance was erased. If the name is there, the presence does not mean it was collected. Collection is looked for on the schedule or on the receipt.
Each creditor’s schedule can be separate. One creditor’s line written in full does not fill the other’s empty line. The empty line is not announced as unpaid either. The gap is the absence of a document. The absence is not turned into a sentence of collection or of erasure. If the account summary of the bankruptcy administration and the court’s paragraph conflict, the paragraph does not take the place of the summary, and the summary does not take the place of the paragraph. The two are left one under the other. If the summary zeros an item, the zero is read if it is also in the paragraph. If it is not in the paragraph, the zero is not taken for a provision that the debt has been lifted.
A release drawn up after the closing is not an annex of the closing. The release speaks of the item in its own record. If the record is before the closing, the earlier document does not explain the closing. If the record is later, the later document is not treated as having changed the closing paragraph. If the change is written in a new decision, it is read from that decision. If there is no new decision, the old paragraph stands. An account slip in the creditor’s hands is not a release. The slip is limited to the figure written on it. If there is no figure, the slip is not treated as having closed the balance. If a cost item stands separately from the debt item, it is read separately. If whether the cost was met appears in the account, it is read from there. If it does not appear, the cost is not buried inside the debt. If the creditor deposited the cost from the creditor’s own pocket, the deposit receipt is looked for. If there is no receipt, the deposit is not assumed. If there is a receipt, the receipt is not a sentence that the closing erased the debt.
Conclusion
The closing decision does not mean every debt was collected. The balance is not treated as erased. Lifting is a separate provision. The dividend document is limited to the amount that appears on the document. The frame is on the enforcement and bankruptcy law page. The basis is the end-of-liquidation provisions of the Enforcement and Bankruptcy Code No. 2004. For the original of the closing decision, the contact record stands.