The Consumer Debt Clearance Statute Article 144
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.
Under any of the following circumstances, the debtor may apply to the court for resumption of rights: 1. All debts are repaid by liquidation or other method. 2. The ruling on release from obligations rendered becomes final. 3. Within three years from the day following the termination or conclusion of the liquidation process, the debtor has not been sentenced to any criminal penalty by final judgment based on the provisions of Article 146 or Article 147. 4. Five years has elapsed from the day following the termination or conclusion of the liquidation process.