There is no clear stipulation in the Supreme People's Court, but the housing accumulation fund of the person subjected to execution should be conditionally enforced. The usual practice of court enforcement is to seal up the bank account, directly transfer the money in the account, or seal up the property, land, company assets, etc. And then auction them. If the client does not have any property, the court will distribute it when he has money.

Legal analysis

According to the relevant laws and regulations, the fundamental purpose of the Regulations on the Management of Housing Provident Fund is to strengthen the management of housing provident fund, safeguard the legitimate rights and interests of housing provident fund owners, promote urban housing construction and improve the living standards of urban residents. Housing accumulation fund is a kind of long-term housing savings paid by employees' units and on-the-job employees, which is established to protect and improve the minimum living conditions of urban residents. Housing provident fund is a kind of basic living housing security fund for employees, which is collected and managed by the state, so the primary task of housing provident fund is to meet the basic living housing security of the executed person. First of all, overdue will have an impact on credit reporting according to the length of time. Credit information that is seriously overdue for more than 90 days is a black account, and it is impossible to apply for any loan business before it is paid off. Secondly, overdue will generate additional expenses such as liquidated damages and overdue interest. It is nothing new that the final interest is longer than the principal for a long time. Please be careful.

legal ground

Regulations on the administration of housing provident fund

Article 3 The housing accumulation fund paid by individual employees and the housing accumulation fund paid by the unit where employees work for employees belong to individual employees.

Article 5 The housing accumulation fund shall be used for the purchase, construction, renovation and overhaul of self-occupied housing by employees, and no unit or individual may use it for other purposes.

Article 219th of the Civil Procedure Law of People's Republic of China (PRC), when the people's court decides to accept the application, it shall notify the payer to stop the payment at the same time, and issue an announcement within three days to urge the interested parties to declare their rights. The time limit for public summons shall be decided by the people's court according to the circumstances, but it shall not be less than 60 days.