"Lai"It is a common name for those who default on their debts and do not repay them, and in the Chinese legal system, the official name for such people is "judgment defaulters". Chinese courts impose a series of restrictive measures on judgment defaulters, collectively known as "high spending restriction orders" or "spending restriction orders".
Restrictions on high spending are not for life, and they are usually lifted after the judgment defaulter has fulfilled the obligations of the court judgment. The purpose of these measures is to prompt judgment defaulters to fulfill their legal obligations, including repaying debts and paying fines. Once the judgment defaulter has fulfilled the relevant obligations, or has reached a settlement agreement and obtained the consent of the applicant for enforcement, they can apply to the court to lift the measures restricting high consumption.
If the judgment defaulter fails to perform its obligations within a certain period of time, the measures to restrict high consumption will continue to be effective until the court finds that there are sufficient reasons to lift the measures. In practice, these measures may have a greater impact on the life and work of judgment defaulters, thus forcing them to perform their legal obligations as soon as possible.
Specific measures to limit high consumption may include, but are not limited to, the following:
It is forbidden to take airplanes, high-class trains, soft sleepers, and ships with second-class or higher cabins;
It is forbidden to consume high and unnecessary consumption, such as high-end hotel accommodation, golf course consumption, ** and other entertainment venue consumption;
It is forbidden to purchase real estate or newly built, expanded, or high-end renovated houses;
It is forbidden to lease high-end office buildings, hotels, apartments and other places for office;
It is forbidden to purchase vehicles that are not necessary for business operations;
Prohibition of travel and vacation;
prohibit children from attending high-fee private schools;
It is forbidden to pay high premiums to purchase insurance and wealth management products.
In short, restrictions on high consumption are not for life, and once the judgment defaulter has fulfilled his obligations or reached a settlement, he can apply for the lifting of these restrictions.