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219

Article 219

Des Faillites

Commercial Law
Titre IV: Des Faillites et Banqueroutes (On Bankruptcies and Fraudulent Bankruptcies)
Chapitre I: Des Faillites (On Bankruptcies)

Mais la même loi qui doit sa protection aux malheurs, veut aussi que les créanciers conservent l'espoir d'être payés un jour. En conséquence, les droits des créanciers, à l'industrie du failli, étendent leurs effets jusque sur la fortune future de ce dernier, et ne peuvent s'éteindre que par le fait du parfait payement.

Life lesson: Freedom comes, but the debt lives on — creditors can claim from your future earnings until every cent is repaid.
Notes: Perpetual debt: creditor rights extend to bankrupt's future fortune (industrie). Extinguished ONLY by parfait payement (complete payment). No debt discharge — fresh start for person, not for obligations. Balance of mercy and creditor protection.
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