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A foreign national or foreign corporation has the same status as a Japanese national or Japanese corporation, with respect to bankruptcy proceedings, discharge proceedings under the provisions of Chapter XII, Section 1 (referred to below as "discharge proceedings") and proceedings for release from restrictions under the provisions of Section 2 of that Chapter (collectively referred to below as "bankruptcy proceedings, etc." in this Chapter).
外国人又は外国法人は、破産手続、第十二章第一節の規定による免責手続（以下「免責手続」という。）及び同章第二節の規定による復権の手続（以下この章において「破産手続等」と総称する。）に関し、日本人又は日本法人と同一の地位を有する。
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