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The process of the court deducting the provident fund
2. The amount of deduction in the Notice of Assistance in Execution issued by the people's court shall be clear, the balance of the account shall be deducted in full, and the personal account shall be cancelled.
3. The court's deduction of housing provident fund is mainly based on the relevant provisions of Several Opinions on Establishing a Linkage Mechanism for the Implementation of Housing Provident Fund and Regulations on the Management of Housing Provident Fund. Under certain conditions, the people's court has the right to deduct the housing provident fund of the person subjected to execution, such as retirement, leaving the country to settle down, transferring from this city, and disputes involving housing consumption creditor's rights and debts.
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