When the debt is too large to repay, you can apply for bankruptcy through the court. After an enterprise goes bankrupt through legal liquidation procedures, it can use the bankrupt property of the enterprise to repay the debts owed. If the bankrupt enterprise has no property to repay, the debt will be eliminated.
legal ground
Article 187 of the Company Law stipulates that the liquidation group shall apply to the people's court for bankruptcy in accordance with the law if it finds that the company's assets are insufficient to pay off its debts after cleaning up the company's assets and compiling the balance sheet and list of assets.
After the company is declared bankrupt by the people's court, the liquidation group shall hand over the liquidation affairs to the people's court.
skill
The above answer is only for the current information combined with my understanding of the law, please refer carefully!
If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.