The obligatory right of bankruptcy is the one happened before the declaration of bankruptcy. 破产债权是破产宣告以前成立的债权,债权应当通过法定程序申报,逾期申报将对债权人产生不利的影响。
The declaration of bankruptcy result in a series of legal consequences among which the main consequence is the qualification of debtor in public law and private law. 破产宣告产生一系列法律后果,其中主要是对债务人公私法上资格性质。