Regulations of Shenzhen Special Economic Zone on Personal Bankruptcy is the first local legislation on the personal bankruptcy system in mainland my country，which fills the blank of personal bankruptcy legislation and makes a pioneering exploration for national personal bankruptcy legislation. By sorting out and analyzing the publicized judicial documents of Shenzhen personal bankruptcy cases，it can be seen that the regulations are conducive to protecting bona fide entrepreneurs，spreading the spirit of “harmony is the most precious”，and embodying the humanitarian care of bona fide and honest debtors. At the same time，the specific procedures of Regulations of Shenzhen Special Economic Zone Personal Bankruptcy still have imprecise aspects，which need to be supplemented and echoed by relevant supporting norms in order to be well implemented and truly achieve the goal of protecting “honest but unfortunate” debtors.