The Consumer Debt Clearance Statute Article 1
This English translation was last updated on 2018-12-26, but the Chinese text was amended on 2021-06-16. Later amendments may not be reflected in the translation — please refer to the Chinese text.
This Statute is formulated for the purpose of enabling consumers with debts to clear their debts according to the process set out in this Statute, to adjust the consumers' rights and obligations with their creditors and other interested parties, to assure fair repayment of creditors, and to promote financial rehabilitation of consumers and sound development of the social economy.
中文原文 消費者債務清理條例第1條
為使負債務之消費者得依本條例所定程序清理其債務，以調整其與債權人及其他利害關係人之權利義務關係，保障債權人之公平受償，謀求消費者經濟生活之更生及社會經濟之健全發展，特制定本條例。