Abstract

Personal bankruptcy system is a system that has been absent in China for a long time, the scale of over-consumption groups in China is expanding at this stage, the number of over-indebted people is increasing, and there are a large number of cases that are difficult to be executed or have no property to be broken in the court, which makes the construction of personal bankruptcy system more urgent. In this paper, the author discusses the value background, access rules and legal effects of the personal bankruptcy system, with the intention of constructing a personal bankruptcy system under the path of China.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.