Once you become an "old lai", your children are not allowed to go to high-spending private schools until you pay off your debts.
Generally, people who break their promises will only have an impact on themselves and will not affect their children. If the person subjected to execution has the ability to perform, but fails to perform the obligations specified in the effective legal documents and violates the property reporting system, the people's court shall include it in the list of the person subjected to dishonesty. In the notice of execution issued by the people's court to the person subjected to execution, the contents of the risk warning about being included in the list of the person subjected to execution due to dishonesty shall be clearly stated. If the applicant believes that the person subjected to execution has one of the acts of dishonesty listed in Article 1 of these Provisions, he may apply to the people's court for the inclusion of the person subjected to execution in the list of persons subjected to dishonesty, and the people's court shall make a decision after examination.
What is a man without faith?
1. Obstructing or resisting execution by forging evidence, violence or threats;
2. Evading execution by false litigation, false arbitration or concealing or transferring property;
3. Violating the property reporting system;
4, violation of restrictions on high consumption order
5. The person subjected to execution refuses to perform the execution settlement agreement without justifiable reasons;
6. Other persons who have the ability to perform but refuse to perform the obligations specified in the effective legal documents.
Legal basis:
Provisions of the Supreme People's Court Municipality on Restricting the High Consumption of the Executed Person
Article 3. If the person subjected to execution is a natural person, after taking consumption restriction measures, he shall not engage in the following high-consumption and unnecessary consumption behaviors: (1) When taking a means of transportation, he shall choose the second-class or above cabin of an airplane, train or ship;
(two) high consumption in hotels, hotels, nightclubs, golf courses and other places above the star level;
(three) the purchase of real estate or new construction, expansion, high-grade decoration of housing;
(four) leasing high-grade office buildings, hotels, apartments and other places to work;
(5) Purchasing non-essential vehicles;
(6) tourism and vacation;
(seven) children attending private schools with high fees;
(8) Paying high premiums to purchase insurance wealth management products;
(9) Non-essential consumption behaviors such as taking all seats of G-prefix EMU trains and first-class and above seats of other EMU trains.
If the person subjected to execution is a unit, the person subjected to execution, its legal representative, principal responsible person, person directly responsible for debt performance and actual controller shall not carry out the acts specified in the preceding paragraph after taking measures to restrict consumption. Anyone who uses personal property for private consumption to commit the acts mentioned in the preceding paragraph may apply to the enforcement court for enforcement. If the examination by the enforcement court is true, it shall be allowed.