Legal analysis: for the creditor's rights secured by the enterprise's own property, on the one hand, the bank can declare the creditor's rights, and the enterprise will be compensated by implementing the reorganization plan. Loan recovery mainly depends on the coverage of secured assets to creditor's rights during liquidation; On the other hand, before the court accepts the reorganization, it can also consider applying for compulsory execution of collateral that is easy to dispose of and realize, receiving debt-paying assets or obtaining liquidation money.

Legal basis: Enterprise Bankruptcy Law of the People's Republic of China.

Article 13 If the people's court decides to accept the bankruptcy application, it shall also appoint an administrator.

Article 14 The people's court shall notify the known creditors within 25 days from the date of ruling to accept the bankruptcy application and make an announcement.

The notice and announcement shall specify the following items:

(a) the names of the applicant and the respondent;

(2) The time when the people's court accepts the bankruptcy application;

(3) Time limit, place and matters needing attention for reporting creditor's rights;

(four) the name of the administrator and the address of the transaction;

(5) Requiring the debtor or the debtor's property holder to pay off debts or deliver property to the administrator;

(6) The time and place of the first creditors' meeting;

(seven) other matters that the people's court considers should be notified and announced.