Glossary entry (derived from question below)
French term or phrase:
retour du débiteur à meilleure fortune
English translation:
the debtor\'s financial recovery
Added to glossary by
Theodore Bagwel
May 24, 2011 05:22
13 yrs ago
French term
retour du débiteur à meilleure fortune
French to English
Bus/Financial
Finance (general)
surendettement/retablisse
"Bilan économique et social et établissement du plan Le débiteur peut être titulaire de ressources ou d'un actif de nature à convaincre le juge de l'exécution de l'inopportunité de la liquidation judiciaire. Il en est ainsi lorsque le bilan économique et social établi par le mandataire révèle une capacité de remboursement suffisante ou dans l'hypothèse où une telle capacité est apparue compte tenu du retour du débiteur à meilleure fortune, comme par exemple le fait de trouver un emploi. En ces cas et à titre exceptionnel, le magistrat établit un plan de redressement comportant les mesures envisagées à l'article L. 331-7 du code de la consommation, à savoir un report ou un rééchelonnement des paiements des dettes, une remise des dettes, une réduction ou une suppression du taux d'intérêt, une consolidation, une création ou une substitution de garantie ( C. consom., art. L. 332-10)."
Wondering if there's a neat and tidy phrase for this in English.
Thanks
Wondering if there's a neat and tidy phrase for this in English.
Thanks
Proposed translations
(English)
| 4 +1 | the debtor's financial recovery |
AllegroTrans
|
| 4 | the debtor's circumstances have improved |
rkillings
|
| 4 -1 | clawback provision |
joehlindsay
|
Change log
May 24, 2011 05:58: writeaway changed "Field" from "Law/Patents" to "Bus/Financial" , "Field (specific)" from "Law (general)" to "Finance (general)"
Proposed translations
+1
5 hrs
AllegroTrans
United Kingdom
United Kingdom
Native in English
Specializes in field
United Kingdom
Sensible solutions
Native in: English (Variant: Wessexois) 
Works in: French to English, English, English to French
Related KudoZ points
:
267
Selected
the debtor's financial recovery
that's how I would do it
4 KudoZ points awarded for this answer.
Comment: "thank you"
-1
1 hr
clawback provision
Please see the link below, which I agree with.
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Note added at 11 hrs (2011-05-24 16:56:01 GMT)
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The asker has asked if there is a 'neat and tidy phrase for this', and there is. It is "clawback" ins US usage and is a concept. The concept may be contained in a clawback clause, but not necessarily.
The passage would require rewording, but clawback is exactly the concept the asker is thinking of.
This of course, concerns the financial recovery of the party involved, but that is not the "neat and tidy phrase the asker has requested. That phrase and concept is exactly 'clawback', a term that will be immediately and fully understood but those familiar with such matters.
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Note added at 11 hrs (2011-05-24 17:01:38 GMT)
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It might be mentioned that "clawback" would rarely be used in a clause, because ipso facto, it refers to future events after a fact.
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Note added at 11 hrs (2011-05-24 16:56:01 GMT)
--------------------------------------------------
The asker has asked if there is a 'neat and tidy phrase for this', and there is. It is "clawback" ins US usage and is a concept. The concept may be contained in a clawback clause, but not necessarily.
The passage would require rewording, but clawback is exactly the concept the asker is thinking of.
This of course, concerns the financial recovery of the party involved, but that is not the "neat and tidy phrase the asker has requested. That phrase and concept is exactly 'clawback', a term that will be immediately and fully understood but those familiar with such matters.
--------------------------------------------------
Note added at 11 hrs (2011-05-24 17:01:38 GMT)
--------------------------------------------------
It might be mentioned that "clawback" would rarely be used in a clause, because ipso facto, it refers to future events after a fact.
Note from asker:
| thank you |
Peer comment(s):
| disagree |
AllegroTrans
: but this is not about a clause, it's about an individual's financial situation if you read the text// so how is "return to work" a "clawback provision"?
10 hrs
|
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Who said any thing about 'clause'. i have read and reread the context, and clawback is exactly the term that is sought. In the light of future positive devlopments, consideration may be adjusted.
|
15 hrs
the debtor's circumstances have improved
for example, by his having found a job. And because this has happened, it is evident that he has regained some ability to repay.
Forget "clawback". That is (one of) the conventional translations of 'clause de retour à meilleure fortune' (another is "better fortunes clause"), but the expression is very much from the viewpoint of creditors who stand to claw back. Here you need a straightforward description of what would happen on the debtor's side to trigger a clawback.
Forget "clawback". That is (one of) the conventional translations of 'clause de retour à meilleure fortune' (another is "better fortunes clause"), but the expression is very much from the viewpoint of creditors who stand to claw back. Here you need a straightforward description of what would happen on the debtor's side to trigger a clawback.
Note from asker:
| thank you |
Discussion