Resumen

CASTRILLON Y LUNA, Víctor Manuel. The management of Insolvency. Tla-melaua [online]. 2015, vol.9, n.38, pp.46-57. ISSN 2594-0716.

In the Mexican law for insolvency, Bankruptcy is a procedure provided by law to resolve a merchant's situation who has failed to fulfill his due obligations. The insolvency law provides for the possibility that the merchant can be rehabilitated and continues to develop his activities with the help of the Federal Institute of Insolvency Specialists. This Institute is a subsidiary body of the Federal Administration of Justice that works through the following officials: the visitor, who assesses the status of the failed merchant; the conciliator, who advises on the commercial activity of the failed merchant, elaborates the list of creditors and proposes the settlement agreement (when this cannot be achieved, he declares the Bankruptcy of the merchant with the sale of his property for the payment of the creditors), which is carried out with the participation of the liquidator.

Palabras llave : Bankruptcy; merchant; bankruptcy law; due obligations.

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