Bankruptcy is a system of special legal regime merchant who ceases to pay business debts, and this system is designed to filter the trader and money distributed to creditors dividing adversaries through the assembly of creditors in a single block called the group of creditors.
The effects start from the moment of creation of the group and the force of law, and the most important effects of the presence of the group of all suits and individual actions stopped and fall all the deadlines and legal mortgage is decided in their favor on all the money the debtor.