After the bankruptcy of a wealth management company, whether the money can be returned depends on many factors, including the nature of wealth management products, the liquidation of the company, legal provisions and so on. Generally speaking, if the wealth management products are legal and compliant and the company has effective liquidation measures, then investors may be able to recover part or all of their investment. However, if the company violates the law or cannot be effectively liquidated, investors may face losses.
To sum up, whether the money can be returned after the bankruptcy of the wealth management company depends on many factors. Investors should keep abreast of the liquidation of the company and take corresponding measures according to law to minimize losses.
Legal basis:
According to the Company Law of People's Republic of China (PRC), if the company is declared bankrupt according to law because it can't pay off its due debts, the people's court shall, in accordance with the provisions of relevant laws, organize shareholders, relevant authorities and relevant professionals to set up a liquidation group to conduct bankruptcy liquidation of the company.
According to the provisions of the Enterprise Bankruptcy Law of the People's Republic of China, the bankrupt property shall be paid off in the following order after the bankruptcy expenses and beneficial debts are paid off first:
(1) Wages, medical care, disability allowance and pension expenses owed by the bankrupt to employees, basic old-age insurance and basic medical insurance expenses owed to employees' personal accounts, and 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.