| The bankruptcy loss of right system is an important system in personal bankruptcy which refers to some restrictions of bankrupt on the rights and qualifications after the bankruptcy is announced.It can also be regarded as a punishment for the debtor to urge him pay off the remaining debt as soon as possible.The punishment for loss of rights in personal bankruptcy is not permanent,it also has an end,and the end of loss of rights is restoration of rights.Loss of rights and restoration of rights are inseparable although the concepts of them are different.Therefore,when it comes to loss of rights of individual bankruptcy,restoration of rights can be discussed at the same time,both of them are complement to each other,and constitute the necessary procedures for personal bankruptcy.As the focus of personal bankruptcy,the bankruptcy loss of right system has been enriched continuously in the long-term development.From the legislative model of bankruptcy loss of right to the specific content design of the system,a relatively complete system has gradually formed in the legislation of various countries（regions） in the world.Both Hong Kong and Taiwan have also introduce loss of rights and restoration of rights by learning from Western countries when formulating their bankruptcy laws,and continue to improve and update them.Major countries and regions in the world have gradually established their own personal bankruptcy systems,but China has not been able to formulate a unified law in this respect.With the development of our economy,the establishment of a personal bankruptcy system is imminent.As the basis of personal bankruptcy system,the bankruptcy loss of right system is indispensable.Drawing lessons from the relevant regulations on loss of right in personal bankruptcy in foreign countries and some parts of China,we can put forward the idea of establishing the system in our country.In addition,the establishment of the system of loss of right in personal bankruptcy is inseparable from related supporting measures.So,it is necessary to establish a free property system which supports the personal bankruptcy system together with the system of loss of right,and improve our country’s existing credit system and social security system at the same time.So that they can escort the establishment of a bankruptcy loss of right system in our country,and provide a good system foundation for our country to formulate a personal bankruptcy law. |
