The social security enterprise owes money, but the enterprise has been cancelled.

Even if the social security account is in arrears, it will not be cancelled and will only be regarded as arrears; The parties can pay it back later. China's Social Insurance Law stipulates that the social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.

Legal objectivity:

Article 1 13 of the Enterprise Bankruptcy Law stipulates that the bankrupt property shall be paid off in the following order after the bankruptcy expenses and beneficial debts are paid off first: (1) The wages, medical care, disability allowance and pension expenses owed by the bankrupt to the employees shall be included in the basic old-age insurance and basic medical insurance expenses of the employees' personal accounts, and the compensation that should be paid to the employees according to laws and administrative regulations; (2) Social insurance premiums and taxes owed by the bankrupt other than those specified in the preceding paragraph; (3) Ordinary bankruptcy claims. If the bankruptcy property is insufficient to pay off the repayment requirements in the same order, it shall be distributed in proportion. The wages of directors, supervisors and senior managers of bankrupt enterprises shall be calculated according to the average wages of employees of the enterprise.