Research on the "Honest but Unfortunate" Debtor Identification Criteria in the Construction of the Personal Bankruptcy System

Jingwen Mao

doi:10.54097/yx77aq08

Authors

Jingwen Mao

DOI:

https://doi.org/10.54097/yx77aq08

Keywords:

Personal Bankruptcy, Honesty But Misfortune, Creditworthiness Review, Loss of Authority and Restoration of Authority

Abstract

Since the implementation of the "Personal Bankruptcy Regulations of Shenzhen Special Economic Zone" in 2021, the construction of the personal bankruptcy system in China has gradually entered the stage of practical exploration. How to accurately identify "those who are honest but unfortunate" determines whether the bankruptcy relief can play its due role. This article compares the integrity review systems of personal bankruptcy systems in foreign countries, based on case analysis of the practical difficulties in the determination standards in the pilot practice of China, and attempts to provide a standard system for the following judicial trials and system improvement.

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