The Consumer Debt Clearance Statute Article 31
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.
If several persons are jointly and severally liable for the full repayment of the same money or other property, and if one or several of them are subject to the court's ruling on the initiation of the rehabilitation or liquidation process, other joint debtors may exercise their rights to the amount that they may claim for repayment in the future; unless the creditor has exercised his/her right to the existing amount of the claim at the time of initiation of the rehabilitation or liquidation process. The provision of the preceding paragraph shall apply mutatis mutandis to the person providing the security for the debtor or the guarantor of the debtor.
中文原文 消費者債務清理條例第31條
數人就同一給付各負全部履行之責任者,其中一人或數人受法院開始更生或清算程序之裁定時,其他共同債務人得以將來求償權總額為債權額而行使其權利。
但債權人已以更生或清算程序開始時之現存債權額行使權利者,不在此限。
前項規定,於為債務人提供擔保之人及債務人之保證人準用之。
但債權人已以更生或清算程序開始時之現存債權額行使權利者,不在此限。
前項規定,於為債務人提供擔保之人及債務人之保證人準用之。