Disposal of assets of bankrupt companies

Legal analysis: after the bankruptcy of an enterprise, the disposal method of assets is: 1, giving priority to paying off bankruptcy expenses and * * * beneficial debts, and paying off wages, medical care, disability allowance and pension expenses owed by the bankrupt to employees, which should 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, and the social insurance expenses owed and paid by the bankrupt.

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) Bankrupts. 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.