If a creditor or person subject to execution has any objection to the distribution plan, he or she shall submit a written objection to the enforcement court within fifteen days from the date of receip
If a creditor or person subject to execution has any objection to the distribution plan, he or she shall submit a written objection to the enforcement court within fifteen days from the date of receipt of the distribution plan. Article 512: If a creditor or person subject to execution raises a written objection to the distribution plan, the enforcement court shall notify the creditor or person subject to execution who has not raised any objection. If creditors or persons subject to execution who have not raised objections do not raise objections within fifteen days from the date of receipt of the notice, the enforcement court shall review and amend the distribution plan based on the opinions of the dissenters and make the distribution; if any objections are raised, the dissenters shall be notified . The opponent may file a lawsuit with the execution court within fifteen days from the date of receipt of the notice, with the objecting creditor and the person being executed as the defendant; if the opponent fails to file a lawsuit within the time limit, the execution court shall make the distribution according to the original distribution plan. If distribution is made during the litigation period, the enforcement court shall deposit funds corresponding to the amount of the disputed creditor's rights. Article 513 During execution, if the enterprise legal person as the person subject to execution meets the circumstances specified in Article 2, Paragraph 1 of the Enterprise Bankruptcy Law, the executing court shall rule to suspend the execution with the consent of one of the persons applying for execution or the person subject to execution. For the execution of the person subject to execution, the relevant materials of the execution case shall be transferred to the People's Court of the place where the person subject to execution is domiciled. Article 514 The people's court at the place where the person subject to execution is domiciled shall, within thirty days from the date of receipt of the relevant materials of the execution case, notify the execution court of its decision on whether to accept the bankruptcy case. If the case is not accepted, the relevant case materials shall be returned to the enforcement court. Article 515: If the people's court at the place where the person subject to execution is domiciled decides to accept the bankruptcy case, the enforcement court shall lift the preservation measures for the property of the person subject to execution. If the People's Court of the place where the person subject to execution is domiciled decides to declare the person subject to execution bankrupt, the enforcement court shall rule to terminate the execution of the person subject to execution. If the people's court at the place where the person subject to execution is domiciled does not accept the bankruptcy case, the enforcement court shall resume execution. Article 516: If the parties do not agree to transfer the case to bankruptcy or the people's court at the place where the person subject to execution is domiciled does not accept the bankruptcy case, the enforcement court shall, after deducting the execution fees and paying off the priority claims, pay the ordinary claims with respect to the property obtained from the execution. , repayment shall be made in the order in which the property is seized, detained and frozen during property preservation and execution. Article 517 If a creditor requests the people's court to continue enforcement in accordance with Article 254 of the Civil Procedure Law, it is not subject to the limitation period for applying for enforcement under Article 239 of the Civil Procedure Law. Article 518: If the person subject to execution fails to perform the obligations specified in the legal document, the people's court, in addition to punishing the person subject to execution, may also include him or her in the list of dishonest persons subject to execution based on the circumstances. Information on fulfilling obligations shall be reported to the unit where they work, credit reporting agencies and other relevant agencies. Article 519: If no property suitable for execution is found after a property investigation, the execution procedure may be terminated after the signature of the person applying for execution or confirmation by a collegial panel formed by the execution court and approval by the president. After the execution is terminated in accordance with the provisions of the preceding paragraph, if the person applying for execution finds that the person subject to execution has property available for execution, he may apply for execution again. Re-application is not subject to the limitation period for application execution. Article 520: After the execution is terminated due to cancellation of the application, if the party applies for execution again within the limitation period for application for execution specified in Article 239 of the Civil Procedure Law, the People's Court shall accept the application. Article 521: Within six months after the completion of execution, if the person subject to execution or other persons has obstructed the subject matter of execution, the people's court may eliminate the obstruction upon application, and may in accordance with Article 110 of the Civil Procedure Law. One provision imposes penalties. If the obstructive behavior causes losses to the executing creditor or other persons, the victim may sue separately.