Corporate bankruptcy liquidation, the company's property in the respective payment of liquidation costs, employees' wages, social insurance costs and statutory compensation, payment of taxes owed to settle the company's debts, the remaining property, a limited liability company in accordance with the shareholders of the proportion of the shareholders' capital, limited liability company in accordance with the proportion of shares held by shareholders distribution.

1, according to the "Chinese people's *** and the bankruptcy law" article 113: the bankruptcy property in the priority of bankruptcy expenses and *** benefit debts, in accordance with the order of liquidation: the bankrupt owed to the employee's wages and medical treatment, disability benefits, pension costs, owed to the employee's personal account of the basic old-age pension insurance, the basic medical insurance costs, as well as the laws and administrative regulations provide Compensation that should be paid to the employees; social insurance expenses owed by the bankrupt other than those stipulated in the preceding paragraph and taxes owed by the bankrupt;

Ordinary bankruptcy claims.

2, the company's bankruptcy will certainly be accepted in the court, the employee's debt is the first order of compensation, directly to the court to apply for participation in the lawsuit, claim the company's wages in arrears, the only way to safeguard your legitimate rights and interests.

3, if the company does not apply to the court for bankruptcy, according to the "Bankruptcy Law", the debtor has the circumstances specified in Article 2 of this law, you can apply to the people's court for reorganization, reconciliation or bankruptcy liquidation. The debtor can not pay the debts due, the creditors (employees who are owed wages or other expenses are) can apply to the people's court for reorganization or bankruptcy liquidation of the debtor.