How to deal with the creditor's rights and debts after the cancellation of the branch

Legal analysis: a branch is a branch established by the head office. Civil liabilities arising from foreign civil activities of branches shall be borne by the head office, or by the property managed by branches in advance. If it is insufficient, it shall be borne by the legal person. Therefore, after the cancellation of a branch, its creditor's rights and debts shall be borne by the head office.

Legal basis: Article 74 of the Civil Law of People's Republic of China (PRC), legal persons can set up branches according to law. Where laws and administrative regulations stipulate that branches should be registered, such provisions shall prevail.

Branches engage in civil activities in their own names, and the resulting civil liabilities shall be borne by legal persons; It can also be borne by the property managed by the branch company first. If it is insufficient, it shall be borne by the legal person.