破产＋兼并＝产权交易 破产，简单地说就是八个字——不能清偿到期债务，还可以再简化为四个字——还不起债。所谓“清偿”就是要还清，这是第一个要素；第二个要素是不能逾期。那么，不能清偿的到期债务怎么处理？以前大都沿用一个老办法，叫作“父债子还”，而这终究是不公平 Bankruptcy + merger = property transactions Bankruptcy, in short, is eight words - can not pay off the maturity of the debt, but also can be simplified into four words - not debt. The so-called “pay off” is to pay off, this is the first element; the second element can not be overdue. So, how to deal with the debt that can not be paid off? In the past, most of the people used an old method called “debt repaying the father,” which was unfair after all