Personal debt can be implemented by company equity. Article 242nd of the Civil Procedure Law of People's Republic of China (PRC): 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 shall be retained. When withholding or withdrawing income, the people's court shall make a ruling and issue a notice of assistance in execution, which must be handled by the unit to which the person subjected to execution belongs, banks, credit cooperatives and other units with savings business. Article 52 of the Provisions of the Supreme People's Court on Several Issues Concerning the Execution of the People's Courts (for Trial Implementation): The people's court may seize the shares (stocks) of other joint stock limited companies held by the person subjected to execution, and force the person subjected to execution to transfer them in accordance with the relevant provisions of the Company Law, or directly auction or sell them off, or directly pay off the debts of the person subjected to execution to creditors. Article 54 of the Provisions of the Supreme People's Court on Several Issues Concerning the Execution of Work by People's Courts (for Trial Implementation): After the investment rights and interests of the person subjected to execution in a wholly-owned legal person enterprise are frozen, the people's court may directly order the transfer to pay off his debts to the applicant. With the consent of more than half of all shareholders, the people's court may auction, sell off or transfer the capital contribution or equity of the person subjected to execution in a limited liability company in accordance with the provisions of Articles 35 and 36 of the Company Law of People's Republic of China (PRC). Shareholders who do not agree to the transfer shall purchase the transferred investment right or equity. If you don't buy it, it will be deemed that you agree to the transfer, and it will not affect the implementation. The people's court may also allow and supervise the person subjected to execution to transfer his investment right or equity by himself, and pay off the debts to the applicant with the proceeds from the transfer.