Based on the investigation and study of textile & garment enterprises, this articleexpounds the reasons and the main forms of their creditor's rights and liabilities.

Debt to equity is an important way to deal with banks` bad debts.

The educational financial system which based on debt model doesn t have a good symmetry for "risk-return" and is not conducive for the capital demander to transfer risk.

The article uses basic theory as well as the practice to make the initial discovery in the brand new business field——debt auction, aiming to be helpful to China AMCs, especially when they are facing more difficult outside situation in asset disposal business.

Blend of Claim of Real Right and Claim of Creditor s Right:Study of Specific Performance of Inaction Obligation;

All efforts which try to bring the network virtue property into the system of real right,credit or intellectual property right,can hardly realize the logic self-consistency of current property system.

As to the confusion of "claim" and "credit" which is resulted from the substantially coincident definitions in German Civil Law,the traditional interpretation which takes them for not only substantially coincident but also the generalspecial relationship will lead to so much theoretic bepuzzlement.