Art. 2238 to 2240
R.A. No. 10142, Sec. 2, Sec. 4
B. Liquidation of Insolvent Individual Debtor
1. Voluntary Liquidation
R. A. No. 10142, Sec. 103, Sec. 104
2. Involuntary Liquidation
a. Acts of Insolvency
Sec. 105
b. Show Cause Order; Injunction; Default
Sec. 106, Sec. 107
c. Absent Individual Debtor
Sec. 108
d. Custody of Property; Sale of Property
Sec. 109, Sec. 110
C. Liquidation of Insolvent Juridical Debtors
Sec. 93
1. Voluntary Liquidation
Sec. 90
2. Involuntary Liquidation
D. Provisions Common to Liquidation of Individual and Juridical Debtors
D. Provisions Common to Liquidation of Individual and Juridical Debtors
Sec. 111
1. Liquidation Order
Sec. 112, Sec. 113
2. Liquidator
a. General Concepts
Sec. 115 to 118, Sec. 29
Sec. 120, Sec. 122
b. Powers, Duties and Responsibilities
Sec. 119, Sec. 113, Sec. 123, Sec. 126, Sec. 129, Sec. 131, Sec. 132, Sec. 121
3. Claims
Sec. 4(c)
a. Determination of Claims
Sec. 112, Sec. 123 to 126
b. Treatment of Claims
1) Secured Creditor Claims
Sec. 113, Sec. 114
Consuelo Metal Corporation, v. Planters Development Bank & Maningas, G.R. No. 152580, June 26, 2008, 555 SCRA 465.
2) Unsecured Creditor Claims
Sec. 123, Sec. 113
4. Treatment of Contracts
a. Termination or Breach of Contracts
Sec. 113
b. Avoidance Proceedings
Sec. 127, Sec. 58, Sec. 128
5. Liquidation Plan
Sec. 129 to 133
6. Termination of Proceedings
Sec. 121, Sec. 134, Sec. 135
E. Ancillary Proceedings
1. Securities Market Participant
Sec. 136
2. Banks and Other Financial Institutions Under Rehabilitation Receivership Pursuant to a State-funded or State-mandated Insurance System.
Sec. 137, Sec. 138
3. Cross-Border Insolvency Proceedings
Sec. 139 to 142
