Courts get debtors to pay back 26 billion yuan

Ke Jiayun
Local courts handled some 151,000 law enforcement cases last year and helped individuals or organizations get back money they were owed while debtors refusing to pay were punished. 
Ke Jiayun

Local courts handled some 151,000 law enforcement cases last year and helped individuals or organizations get back more than 26 billion yuan (US$3.7 billion) in debts, an increase of 19.4 and 11.7 percent, according to the Shanghai High People's Court on Monday.

For those refusing to obey the ruling, the court handled 39 crimes, detained 1,094 people, released 95,000 pieces of information about those blacklisted and restricted 2,066 from going abroad.

The courts worked with other departments to punish debtors refusing to pay money back. Last year, the local real estate registration bureau restricted these people from buying houses 639 times.

The market supervision and management bureau stopped them from applying to serve as company executives 7,960 times. The housing and construction commission restricted 64 bids and qualification approvals for construction and the economy and informatization commission restricted 3,173 deals in new energy cars.

The high court cooperated with organizations such as the banking and insurance regulator and banking association to advance the work of nine commercial banks in freezing accounts and transferring money based on court verdicts. It also worked with the local police on the handling of seized cars.

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