Shanghai Private Lending Lawyer

Legal subjectivity:

Consequences of suing private lending: 1. If the loan is not paid by the repayment date, if the corresponding liability for breach of contract, such as late payment fee, is stipulated in the IOU, the debtor may eventually bear the liquidated damages other than the principal and interest. 2. If the creditor still fails to repay after filing a lawsuit with the court, it may affect the debtor's credit and be included in the "blacklist". This will bring inconvenience to the debtor's loans and travel in his future life. 3, simple private lending is generally not enough to pursue criminal responsibility, but if the debtor is for the purpose of illegal possession, using fictional facts or concealing the truth to defraud a large amount of public and private property, it may constitute a crime of fraud and be investigated for criminal responsibility. It is generally believed that the basic structure of this crime is: the actor commits fraud for the purpose of illegal possession → the victim has a wrong understanding → the victim disposes of the property based on the wrong understanding → the actor obtains the property → the victim suffers property losses.

Legal objectivity:

Measures for the Administration of Fees for Lawyers' Services Article 4 The fees for lawyers' services shall be subject to government-guided prices and market-regulated prices. Measures for the Administration of Lawyers' Service Fees Article 5 Law firms shall provide the following legal services according to law, and the government-guided prices shall be implemented: (1) Acting as agents in civil litigation cases; (2) Acting as an agent in administrative litigation cases; (3) Acting as an agent for state compensation cases; (four) to provide legal advice to criminal suspects in criminal cases, to represent complaints and accusations, to apply for bail pending trial, and to act as the defendant's defender, private prosecutor or agent ad litem of the victim; (5) Acting as an agent for appeals in various litigation cases. The fees charged by law firms for providing other legal services shall be subject to market-regulated prices.