1. If it is temporarily unable to repay the debt, it may negotiate with the creditors to repay the debt by installments, postpone the repayment or reduce the debt.
2. If the other party does not agree to delay or reduce the debt and wants to sue the debtor, then after the prosecution, it is necessary to actively respond to the lawsuit and strive to achieve the purpose of repayment by stages or within a time limit in court.
3. If the other party does not agree to postpone or reduce the debt, the court will not support it and will repay all the debts within a time limit. If the creditor has the ability to repay but refuses to pay, the creditor may apply for enforcement. But enforcement will not be put into prison, because civil liability does not involve criminal issues.
4. If the debtor really has no money to pay back, even if the other party wins the case, the court executor knows that it can't be executed without money. Only when the money refuses to be returned can the court arrest people (including judicial custody or be investigated for criminal responsibility for refusing to perform the effective judgment).
How to solve the problem when the credit card expires and cannot be used;
After the overdue credit card expires, users can still deposit money into the expired card for repayment. If the deposit fails, then the user needs to go to the bank counter to repay.
Generally speaking, when the credit card is still valid for one or two months, the bank will take the initiative to contact the cardholder and ask if it is necessary to renew it. It doesn't matter even if the issuing bank doesn't issue new credit cards. Just pay back the original credit card number. Expired credit cards cannot be used for transactions, but they can still be repaid normally.
Credit cards need to be renewed when they expire. If the user's mailing address changes, the user should inform the bank in advance so that the new credit card can be mailed accurately when the card is reissued.
How long is it difficult to pay off the credit card and it is possible to stop the card:
Credit cards overdue for more than three months may be frozen.
Generally, credit cards have a grace period of about 3 days, after which they will be overdue. However, the regulations of major banks are different, and the grace period will be different. For example, ICBC does not have a grace period, and BOC Platinum Card users can enjoy a grace period of 9 days. Everyone should know the rules of credit card in advance, so as not to affect credit beyond the time limit.
Credit card consumption generally has an interest-free repayment period of 20 to 50 days. If the cardholder is overdue, all the money spent last month will no longer enjoy the interest-free treatment of the bank, and the interest will be a bit high. Credit card overdue repayment records will enter the central bank's credit information system and be shared online with national banks.
In the face of arrears prosecution, the following effective measures can be taken. First of all, contact creditors in time and try to reach a settlement agreement, such as installment payment or adjustment of repayment plan. Secondly, seek legal aid and consult professional lawyers to understand rights and legal responsibilities. At the same time, review relevant documents to ensure that creditors' claims are legal and effective. If you are really unable to repay the arrears, you can consider applying for bankruptcy protection to get the opportunity of debt restructuring.
In a word, it is also important to keep a good credit record to avoid further legal disputes. Finally, maintain communication with creditors, show a positive attitude towards solving problems, and strive to reach a mutually acceptable solution.
Legal basis:
People's Republic of China (PRC) Civil Code
Article 675
The borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.
Article 676
The borrower's responsibility for overdue repayment If the borrower fails to repay the loan within the agreed time limit, it shall pay overdue interest in accordance with the agreement or relevant state regulations.