If the debtor makes a deposit in the name of a child and transfers property in order to avoid debts, it will be frozen. The debtor disposes of property rights and interests for free by giving up its creditor's rights, giving up the guarantee of creditor's rights, transferring property for free, or maliciously prolongs the performance period of its due creditor's rights, which affects the realization of creditor's rights, The creditor may request the people's court to revoke the debtor's act.
Legal basis
Article 538 of the Civil Code of the People's Republic of China
If the debtor disposes of property rights and interests for free by giving up its creditor's rights, giving up the guarantee of creditor's rights, transferring property for free, or maliciously prolongs the time limit for the performance of its creditor's rights due, which affects the realization of creditor's rights, the creditor may request the people's court to revoke the debtor's act.
Article 539 of the Civil Code of the People's Republic of China
If the debtor transfers its property at an obviously unreasonable low price, transfers another's property at an obviously unreasonable high price, or provides security for another's debts, which affects the realization of the creditor's rights, and the counterpart of the debtor knows or should know the situation, the creditor may request the people's court to revoke the debtor's act.
