Ask your friend if he runs a limited liability company or a limited liability company or 1. In a limited company, shareholders are liable to the company to the extent of their capital contribution, and the company is liable to the debts of the company with all its assets. 2. The enterprise established according to < Partnership > is an unlimited company with unlimited liability, that is, the shareholders bear unlimited joint and several liability for the company and its debts. In other words, if the company can't repay its debts, the shareholders should bear the responsibility for repayment. So your friend has to repay the remaining 300 thousand and can execute your friend's personal property. In the process of implementation, there are laws and regulations on what can and cannot be implemented:

Paragraph 1 of Article 243rd of the Civil Procedure Law stipulates: "If the person subjected to execution fails to perform the obligations specified in the legal documents according to the notice of execution, the people's court has the right to detain and withdraw the income from which the person subjected to execution should perform the obligations. However, the necessary living expenses of the person subjected to execution and his dependents should be retained. "

Article 244 of the Civil Procedure Law stipulates: "If the person subjected to execution fails to perform the obligations specified in the legal documents according to the notice of execution, the people's court has the right to seal up, detain, freeze, auction or sell off the property that the person subjected to execution should perform the obligations. However, the necessities of life of the person subjected to execution and his dependents should be retained. "

Article 6 of the Supreme People's Court's Provisions on the Attachment, Seizure and Freezing of Property in Civil Execution of People's Courts stipulates: "The people's court may attach the residence necessary for the life of the person subjected to execution and his dependents, but may not auction, sell off or pay off debts."

Article 7 of the Supreme People's Court's Provisions on the Sealing-up, Seizure and Freezing of Property in Civil Execution of People's Courts stipulates: "Upon the application of the executor, the people's court may, after ensuring the minimum living standard of the executed person and his dependents, execute the houses and daily necessities that are more necessary for the life of the executed person and his dependents."