Will becoming an executor have any impact on my life?

Mondo Social Updated on 2024-02-01

Will becoming an executor have any impact on my life?

Li Si lost the lawsuit and did not repay the money, and was later enforced by the court.

To what extent will enforcement affect Li Si's life?

This is determined by the amount of money that the other party applies for compulsory enforcement, and it is also determined by how much property can be enforced under Li Si's name.

If so, it may involve some of the content mentioned below, or it may be all of it.

For example, the bank account under Li Si's name may be frozen or deducted.

The wealth management accounts under Li Si's name, such as ** and commercial insurance, may also be frozen and then enforced.

The mobile payment software under Li Si's name, such as what letter and what treasure, may also be frozen, and it will not be able to be used in the future if you scan the code to pay and pay by brushing your face.

In addition, the properties and vehicles under Li Si's name may also be seized and disposed of.

If Li Si has patents, trademarks and other intellectual property rights under his name, it is also possible that he will be enforced by the court.

If there is a company under Li Si's name, that is, the shareholder of the company is Li Si alone, and Li Si's shareholding ratio in this company is 100%, then the court is likely to directly enforce the company's property.

If Li Si invests in a limited liability company, the court may also enforce Li Si's shares in the company and the corresponding income.

If Li Si has work income, then the court may also enforce Li Si's salary income, and along with this item, the pension account and housing provident fund account under Li Si's name may also be enforced by the court.

If the other party finds that someone borrowed Li Si's money, but Li Si does not let the other party repay the money, or Li Si sets up a guarantee for others for no reason, or Li Si buys a large number of commodities with unreasonable **, or he sells his own things at an unreasonable low price......

These acts all show that Li Si is transferring property in a seemingly hidden way, and at this time, it is possible that the applicant for enforcement may recover the property transferred by Li Si through litigation.

Moreover, if the above situation occurs, it will not only be as simple as recovering property and repaying debts, but also may fine and detain Li Si, be included in the list of dishonest persons subject to execution, and even pursue Li Si's criminal responsibility for refusing to carry out the judgment and ruling.

If after a series of operations by the court, the other party's debt is still not repaid, and the enforcement of Li Si ends this execution, then the next thing Li Si has to face is:

will be restricted from high consumption, will be included in the list of dishonest judgment defaulters, as long as the other party finds clues about Li Si's property, it is possible to resume enforcement against Li Si at any time.

Enforcement

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