Assertion: bankruptcy's mechanism | /r/CapableOf | balance public interest
Facets:
value: in protecting financial security of creditors
type: PURPOSE
Source sentences:
text: The purpose of the bankruptcy process is to introduce a legislative mechanism that would provide a fair and peaceful resolution of financial conflict between debtors and creditors, creditors competing among themselves for recovery of their loans and balance public interest in protecting financial security of creditors on one hand and public interest in allowing an insolvent individual to make a fresh start.