Can a company file for bankruptcy if it owes social security?

Can. According to the Enterprise Bankruptcy Law, the enterprise legal person can not pay the debts due, and the assets are not enough to pay all the debts or a clear lack of solvency, in accordance with the provisions of this law to clean up the debt, will be able to declare bankruptcy. Bankruptcy refers to the enterprise in the process of production and management due to mismanagement, when the liabilities reach or exceed the possession of all assets, can not pay the debts due, insolvent behavior.