The Consumer Debt Clearance Statute Article 64-1

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.

Under the following circumstances, the debtor shall be deemed to have exerted efforts for repayment:1. If the property of the debtor has a liquidation value, more than nine-tenths of the balance of such value is used for the repayment, after adding the total amount received from the disposable property during the performance period of the rehabilitation proposal, and deducting the necessary living expenses required by himself/herself and the persons who should be legally supported by him/her,.2. If the property of the debtor does not have a liquidation value, more than four-fifths of the balance is used for the repayment, after adding the total amount received from the disposable property during the performance period of the rehabilitation proposal, and deducting the necessary living expenses required by himself/herself and the persons who should be legally supported by him/her,.
中文原文 消費者債務清理條例第64-1條
下列情形,視為債務人已盡力清償:
一、債務人之財產有清算價值者,加計其於更生方案履行期間可處分所得總額,扣除自己及依法應受其扶養者所必要生活費用後之餘額,逾十分之九已用於清償。
二、債務人之財產無清算價值者,以其於更生方案履行期間可處分所得總額,扣除自己及依法應受其扶養者所必要生活費用後之餘額,逾五分之四已用於清償。

English translation for reference only; the Chinese text prevails. Not legal advice.