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What are the procedures for divorce property freezing in China

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What are the procedures for divorce property freezing in China


        

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  • 2024-06-23 23:00:49

    The procedures required for prosecuting divorce property freezing in China are as follows:
    1. Procedures for property preservation of houses;
    2. Procedures for property preservation of stock account number;
    3. Procedures for the preservation of bank deposits;
    4. Procedures for automobile property preservation; wait.
    Article 101 of the Civil Procedure Law stipulates that if an interested party does not immediately apply for preservation due to emergency, which will cause irreparable damage to its legitimate rights and interests, it may apply to the people's court where the property to be preserved is located, where the respondent is located, or where it has jurisdiction over the case to take preservation measures before filing a lawsuit or applying for arbitration. The applicant shall provide guarantee. If no guarantee is provided, the application shall be rejected.
    After accepting the application, the people's court must make a ruling within 48 hours; If the order is made to take preservation measures, the execution shall begin immediately.
    If the applicant fails to bring a lawsuit or apply for arbitration according to law within 30 days after the people's court takes the preservation measures, the people's court shall cancel the preservation.

    E***

    2024-06-23 23:00:49

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