Article 8. The debtor, upon the agreement of its superior departments in charge, may apply for the declaration of bankruptcy.
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Prev: Earlier this month, the government changed some of the rules about how mortgage defaulters' debt is calculated, and how much banks can deduct from debtors paychecks.
Next: If they do-as it seems they might-the implications will be profound: good for debtors, bad for creditors and, above all, worrying for the vigour of global demand.
