How to decompress the collapse of car loan company

Legal analysis: When handling car loan, the borrower needs to mortgage the motor vehicle registration certificate to the loan company. If the car loan company goes bankrupt, then you can't go through the formalities of canceling the mortgage. Because the owner and mortgagor need to go to the vehicle management office to handle the mortgage cancellation procedures, the mortgagor needs to provide business licenses, accept entrustment and other documents, and the owner himself must be present. Therefore, only the police can find the person in charge of the car loan company through the police, and then go through the formalities of canceling the mortgage.

Legal basis: Article 113 of the Enterprise Bankruptcy Law of the People's Republic of China stipulates that the bankrupt property shall be paid off in the following order after paying off the bankruptcy expenses and beneficial debts first: (1) The wages, medical care, disability allowance and pension expenses owed by the bankrupt to employees shall be included in the basic old-age insurance and basic medical insurance expenses of employees' personal accounts, as well as the compensation that should be paid to employees according to laws and administrative regulations; (2) Social insurance premiums and taxes owed by the bankrupt other than those specified in the preceding paragraph; (3) Ordinary bankruptcy claims. If the bankruptcy property is insufficient to pay off the repayment requirements in the same order, it shall be distributed in proportion. The wages of directors, supervisors and senior managers of bankrupt enterprises shall be calculated according to the average wages of employees of the enterprise.