What if the company doesn't pay back the debt?

Legal analysis: (1) consultation

When the company owes money, the first choice is negotiation, which saves time and effort.

(2) Request for payment order

Payment order refers to a legal document made by the people's court to urge the debtor to perform certain obligations according to the application of creditors.

There are certain conditions for the court to issue a payment order to the debtor:

1, requesting the debtor to pay money or securities;

2. The money or securities requested for payment have expired, the amount has been determined, and the facts and evidence on which the request is based have been stated;

3. There is no other debt dispute between the creditor and the debtor;

4. The payment order can be served on the debtor.

(3) Prosecution

If the other party disagrees after the payment order is issued, then you can only choose to sue. The lawsuit of the company's arrears is applicable to the ordinary procedure of civil first instance in China. Legal basis: Article 119 of the Civil Procedure Law of People's Republic of China (PRC) must meet the following conditions: (1) The plaintiff is a citizen, legal person and other organization that has a direct interest in the case; (2) Having a clear defendant; (3) Having specific requests, facts and reasons; (4) It falls within the scope of civil litigation accepted by the people's court and is under the jurisdiction of the sued people's court.

Article 214 Where a creditor requests the debtor to pay money or securities, it may apply to the grassroots people's court with jurisdiction for a payment order if the following conditions are met: (1) There is no other debt dispute between the creditor and the debtor; (2) Payment orders can be served on the debtor. The application shall specify the amount of money or securities required and the facts and evidence on which it is based.