What if the company applies for a loan from a bankrupt bank?

Legal analysis: if the loan is applied by a joint stock limited company in the name of shareholders, all the loans will be repaid by shareholders; If a limited liability company is insolvent, it will enter the bankruptcy liquidation procedure according to law and repay the relevant debts according to a certain proportion of the company's existing property.

Legal basis: Article 8 of the Enterprise Bankruptcy Law of the People's Republic of China shall submit a bankruptcy application and relevant evidence to the people's court.

The bankruptcy application shall specify the following items:

(a) the basic information of the applicant and the respondent;

(2) the purpose of the application;

(three) the facts and reasons for the application;

(4) Other matters that the people's court deems necessary.

If the debtor applies, it shall also submit to the people's court a statement of property status, a list of debts, a list of creditor's rights, relevant financial and accounting reports, a plan for the placement of employees, the wages of employees and the payment of social insurance premiums.