If you don't have the money to repay personal property, the courts will enforce it. If the debt is not repaid within the time limit or fails to repay after two reminders, the party concerned will be prosecuted. First, if the party still fails to repay after multiple reminders, a civil lawsuit will be filed in court. After the People's Court hears the case, if the party still fails to repay the loan, the case can be transferred to the public security agency for investigation and formally established as a criminal case. After investigation by the public security organ, the case was transferred to the Procuratorate for public prosecution. The court has the power to freeze. The Miyun Court has successfully frozen the Alipay account of a person subject to execution and restricted his consumption behavior to help him fulfill his legal obligations as soon as possible. According to the "Regulations of the Supreme People's Court on Seizing, Detaining and Freezing Property During Civil Enforcement by People's Courts".
Article 667 of the "Civil Law of the People's Republic of China" is a loan contract under which the borrower borrows money from the lender, returns the loan and pays interest when due. Article 668 A loan contract shall be in writing, unless otherwise agreed between natural persons. The content of a loan contract generally includes terms such as loan type, currency, purpose, amount, interest rate, term, and repayment method.