Legal analysis: before the bankruptcy liquidation is completed, the enterprise still exists and is responsible for its business behavior. In the process of bankruptcy liquidation, accounts receivable should be treated as bankruptcy property. Bankruptcy property shall be managed and disposed of by the bankruptcy administrator. China law calls the bankruptcy administrator the liquidation group.

Legal basis: Article 24 of the Bankruptcy Law of People's Republic of China (PRC), the court shall set up a liquidation group within 15 days from the date of declaring the enterprise bankrupt, and the liquidation group shall be responsible for the custody, liquidation, valuation, disposal and distribution of the bankrupt property. According to this provision, the subject of decentralization of the bankruptcy property management office is neither the bankrupt nor the bankrupt creditor, but the liquidation group is independent of the bankrupt creditor and the bankrupt. The decentralization of the management office is only for the benefit of the court, not for its own benefit, but for the benefit of all bankrupt creditors. The purpose of the bankruptcy administrator's decentralization of bankruptcy property management is to ensure the fairness of bankruptcy liquidation.