/prəˈsidɪŋz ɪn ˈbæŋkrəptsi/ – Phrase
Definition: việc tiến hành xử lý nợ, việc tiến hành thủ tục phá sản.
A more thorough explanation: Proceedings in bankruptcy refer to the legal actions and processes involved in a bankruptcy case, including the filing of a bankruptcy petition, court hearings, creditor meetings, asset liquidation, debt repayment plans, and other related activities that occur during the bankruptcy process.
Example: The court scheduled a meeting to discuss the debtor’s assets and liabilities as part of the proceedings in bankruptcy.