Glossary entry (derived from question below)
English term or phrase:
if the Borrower is declared en désastre or becomes bankrupt
French translation:
Si l’emprunteur est déclaré en faillite ou dépose son bilan
Added to glossary by
michele24
May 11, 2010 09:24
14 yrs ago
3 viewers *
English term
if the Borrower is declared en désastre or becomes bankrupt
English to French
Bus/Financial
Finance (general)
Loan facility
This is a loan facility, under the heading "Events of Default". Do you know how to translate "en désastre" in French? This is already in French but I do not believe the expression is used in French. I'd be grateful for your input...
Proposed translations
(French)
Proposed translations
1 hr
Véronique Stone
United Kingdom
United Kingdom
Native in French
United Kingdom
Qualified translator, bus., accounting
Native in: French (Variant: Standard-France)
Works in: English to French
Related KudoZ points
:
8
Selected
Si l’emprunteur est déclaré en faillite ou dépose son bilan
A jersey en désastre veut dire bankrupt. Toute la difficulté à mon avis est de traduire la différence entre to be declared (bankrupt) et to be (bankrupt).
J’espère que ça vous aidera.
J’espère que ça vous aidera.
Example sentence:
Mr Leech had been declared "en desastre", the Jersey term for bankruptcy. ...
4 KudoZ points awarded for this answer.
Comment: "Merci, vos explications m'ont été très utles."
10 mins
Françoise Vogel
Native in French
Works in field
"la langue révérée" ...
Native in: French 
Works in: English to French, Italian to French, French to Italian, and 1 more.
Related KudoZ points
:
217
English term (edited):
if the borrower is declared en dã©sastre or becomes bankrupt
s'il est constaté que l'emprunteur est en grave difficulté ou en faillite
-
13 mins
si l'emprunteur est victime d'une catastrophe naturelle ou fait faillite
si l'emprunteur a une carte d'invalidité et est dans l'incapacité d'exercer ... ou s'il est victime d'une catastrophe ayant conduit à rendre inhabitable de manière définitive sa résidence principale (catastrophe naturelle indemnisée en ...
2 hrs
si les biens de l'emprunteur sont déclarés en désastre ou si ce dernier dépose le bilan
ou fait faillite
A11 Paragraph 1(a): "si celui-ci n'a point renoncé ou fait cession " - either delete these words or substitute "si les biens de celui-ci n'ont point été déclarés en désastre".
http://www.lawcomm.gov.je/deg2/appendix1.htm
A14 Paragraph 3: for "s'il opte de payer ... par suite d'hypothèque " substitute "s'il opte de payer ledit créancier aux termes dudit Article 50". Further on, "épourvu que celui-ci ... et 1'appel en garantie" - either delete this passage or change "celui-ci ne soit pas devenu cessionnaire" to "les biens de celui-ci n'aient pas été déclarés en désastre " (cf. paragraph 1(a) above). At end of paragraph, for " la cession ou renonciation" substitute " la déclaration du désastre".
http://www.insolvencyhelpline.co.uk/bankruptcy/bankruptcy-je...
Désastre
In the eighteenth and nineteenth centuries désastre proceedings were created by the
Court under Common Law. Désastres originally only applied to movable property but
after the 1990 Bankruptcy Law désastres applied to both movable and immovable
property and became the most common form of dealing with insolvency.
The purpose of a désastre is to gather in and sell an insolvent debtor’s assets, to find out
why insolvency occurred and whether any bankruptcy offences were committed, and to
distribute the net proceeds of the assets to those who are entitled to them.
Procedures of a Désastre
The Viscount’s Department is responsible for the administration of désastres. As soon
as a désastre is declared all the property of the debtor is vested in the Viscount and he
becomes the legal owner of all the debtor’s property worldwide.
A11 Paragraph 1(a): "si celui-ci n'a point renoncé ou fait cession " - either delete these words or substitute "si les biens de celui-ci n'ont point été déclarés en désastre".
http://www.lawcomm.gov.je/deg2/appendix1.htm
A14 Paragraph 3: for "s'il opte de payer ... par suite d'hypothèque " substitute "s'il opte de payer ledit créancier aux termes dudit Article 50". Further on, "épourvu que celui-ci ... et 1'appel en garantie" - either delete this passage or change "celui-ci ne soit pas devenu cessionnaire" to "les biens de celui-ci n'aient pas été déclarés en désastre " (cf. paragraph 1(a) above). At end of paragraph, for " la cession ou renonciation" substitute " la déclaration du désastre".
http://www.insolvencyhelpline.co.uk/bankruptcy/bankruptcy-je...
Désastre
In the eighteenth and nineteenth centuries désastre proceedings were created by the
Court under Common Law. Désastres originally only applied to movable property but
after the 1990 Bankruptcy Law désastres applied to both movable and immovable
property and became the most common form of dealing with insolvency.
The purpose of a désastre is to gather in and sell an insolvent debtor’s assets, to find out
why insolvency occurred and whether any bankruptcy offences were committed, and to
distribute the net proceeds of the assets to those who are entitled to them.
Procedures of a Désastre
The Viscount’s Department is responsible for the administration of désastres. As soon
as a désastre is declared all the property of the debtor is vested in the Viscount and he
becomes the legal owner of all the debtor’s property worldwide.
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