Even if the microfinance company goes bankrupt, the borrower has the obligation to repay the debt on time. Although these microfinance companies are no longer allowed to engage in loan-related business activities such as lending, the related creditor's rights and debts still exist. Only after the clean-up is completed will the relevant departments be required to cancel according to law, and the cancellation will be reported to the district (city, county) financial office for the record in real time. Legal basis: Article 7 of the Civil Code of People's Republic of China (PRC) stipulates that civil subjects should follow the principle of good faith, uphold integrity and keep their promises when engaging in civil activities.