When you are sued or an enforcement order is issued, report your assets honestly, repay what you can, and don't transfer your house or money to relatives, friends or a company
- High value
- Evidence A
- Keeps you free
- Free
- Takes some hours
- Some willpower
In plain words
Putting a house under a company's name or transferring money to relatives and friends is exactly the situation written into the crime of refusing to carry out a court judgment or order (拒执罪), with a sentence of up to 3 years, and 3 to 7 years in especially serious cases. The relatives, friends and companies that helped hide or transfer the assets are treated as accomplices, and the money is recovered anyway. Refusing to report assets or reporting falsely can bring an individual a fine of up to 100,000 CNY and 15 days of detention (拘留). Truly having no money is not this crime.
Mentioned in
Translated from the Chinese original. Original book, section 8, tip 20. This section describes legal rules, mostly mainland China’s. It is general information, not legal advice; for your own case, talk to a lawyer. Content may be out of date and rules differ by place. When you actually deal with an agency, a doctor or a court, follow what local officials, doctors and lawyers tell you. Disclaimer