The defaulter will be exposed. If the defaulter subjectively fails to perform his repayment obligations, or evades responsibility by hiding or transferring property, first of all, the court will include him in the list of defaulters and secondly, he will have the right to punish the defaulter. Its exposed!
Legal Basis
If the person subject to execution fails to perform the obligations specified in the effective legal document and has any of the following circumstances, the people's court shall include him or her in the list of dishonest persons subject to execution and punish him in accordance with the law. Credit punishment is imposed on:
(1) Refusing to perform obligations specified in effective legal documents despite having the ability to perform;
(2) Obstructing or resisting by forging evidence, violence, threats, etc. Execution;
(3) Avoiding execution through false litigation, false arbitration, or concealing or transferring property;
(4) Violating the property reporting system;
(5) Violating the consumption restriction order;
(6) Refusing to perform the settlement agreement without justifiable reasons.
Consequences of breach of trust
1. Banks and other financial institutions restrict the loans, financing and other financial services of persons subject to execution who are included in the "list of dishonest persons subject to execution" activities, reduce the credit card limit, and promptly report the deposit status to the court through the judicial inquiry platform;
2. The industrial and commercial administration department will lower the credit rating of the dishonest person subject to enforcement and restrict him from "keeping promises and abiding by contracts." Appraisal qualifications;
3. If the person subject to execution is a state agency or civil servant, a member of the Communist Party of China, a deputy to the National People’s Congress, a member of the CPPCC and other special subjects, he shall be prioritized in the appraisal, promotion, etc. according to relevant regulations. Restrict or cancel their political treatment and honorary titles until disciplinary sanctions are imposed;
4. Restrict persons subject to breach of trust from leaving the country, and the railway department will not sell them train tickets, and the civil aviation department will not sell them air tickets;
5. The bidding and bidding management department restricts the persons subject to enforcement who are untrustworthy from participating in government procurement and engineering project bidding;
6. The construction management department suspends the acceptance of engineering project permits for persons subject to enforcement who are untrustworthy. Qualification review and approval, suspension of acceptance of business matters related to the construction market, suspension of the completion and acceptance filing of construction project quality, etc.; the planning management department has suspended the planning and construction procedures for the land that the dishonest person has the right to use, and suspended the follow-up planning of projects under construction. Procedures;
Other restrictions.
Article 3 of "Several Provisions on Restrictions on High Consumption and Related Consumption of Persons Subject to Execution" If the person subject to execution is a natural person, after consumption restriction measures are taken, the following high consumption and non-necessary consumption for life and work shall be prohibited: Consumption behavior:
(1) When taking transportation, choose second-class or above cabins on airplanes, trains, and ships;
(2) In hotels, hotels, nightclubs, Golf courses and other places for high consumption;
(3) Purchase real estate or build, expand or high-end decorated houses;
(4) Leasing high-end office buildings, hotels, apartments and other places for office work;
(5) Purchasing non-essential vehicles for business;
(6) Traveling and vacationing;
(7) Children attending high-fee private schools;
(8) Pay high premiums to purchase insurance and financial products;
(9) Take all seats on G-prefixed EMU trains, first-class or above seats on other EMU trains, and other non-life and work matters Necessary consumption behavior.