Is the centralized treatment of personal debts handled at the place of household registration?

Personal debt centralized liquidation procedure is a special procedure in execution, that is, within the existing legal framework, according to the execution system and theory such as execution reconciliation and participation in distribution, referring to the principle and spirit of personal bankruptcy, and on the basis of further property investigation and liquidation, a personal debt settlement scheme is formed through conditional execution reconciliation or concerted action of financial institutions, so as to effectively cancel the execution procedure and restore the debtor's credit. The applicant for debt liquidation may submit a written application for centralized liquidation of personal debts to the grassroots people's court where the household registration is located.

If the applicant for debt liquidation has no unfinished execution-related cases in the grassroots people's court where the household registration is located, he may apply to the people's court with unfinished execution-related cases in his jurisdiction.