However, defaulting on payment is a civil case. Generally, the police will mediate it and will not open a case. You can negotiate with the other party first and agree to repay in installments. If negotiation fails, litigation will be required. The parties concerned should file a lawsuit with the court. If the debtor's whereabouts are unknown according to law but has not been declared missing, and the creditor files a lawsuit to pay off the debt, the people's court may make a default judgment or suspend the lawsuit upon public announcement and summons.
The ways to deal with debts are as follows:
1. If you do not repay the money you owe, you can negotiate with the debtor and ask him to repay as soon as possible;
2 .If the two parties fail to reach an agreement through negotiation, they can file a lawsuit;
3. They can also apply to the People's Court for arbitration.
The public security organs are mainly responsible for criminal cases and public security management. Non-repayment of arrears is a civil debt dispute, and the parties can resolve it through negotiation, litigation, arbitration, mediation, etc. The arrears are not within the scope of police management and cannot be handled by the police. However, if one party defrauds others of their property in the name of borrowing money, this may constitute a crime of fraud. At this time, you can call the police. For the vast majority of loan cases, you cannot call the police. You can only file a lawsuit or issue a lawyer's letter to assert your rights.
There are many ways to resolve default disputes, including negotiation, mediation, arbitration, litigation, etc. As long as it is used promptly and appropriately, it will get twice the result with half the effort. However, because some creditors often delay the negotiation stage for too long in order not to harm peace, they miss many opportunities to recover their debts.
Applying for a payment order is one of the effective ways to recover outstanding debts. According to the provisions of my country's Civil Procedure Law, if a creditor requests the debtor to pay money or securities, he may apply to the grassroots people's court with jurisdiction for a payment order: there are no other debt disputes between the creditor and the debtor; the payment order can be served on the debtor. If the debtor fails to repay the debt within fifteen days after receiving the payment order from the People's Court, or fails to submit a written objection to the People's Court, the creditor may apply to the People's Court for compulsory execution. It can be seen that the biggest advantage of applying to the People's Court for a payment order to recover arrears is that it takes a short time and has quick results. Of course, if the debtor files a written objection to the people's court within the statutory time, it must be handled through litigation.
Legal basis:
Article 678 of the Civil Code of the People's Republic of China
The borrower may apply to the lender for an extension before the expiration of the repayment period; if The loan can be extended if the lender agrees.
Article 674
The borrower shall pay interest within the agreed period. If the period for payment of interest is not agreed upon or the agreement is unclear, and it cannot be determined in accordance with the provisions of Article 510 of this Law, if the loan period is less than one year, it shall be paid together with the loan; if the loan period is more than one year, It should be paid at the end of each year. If the remaining term is less than one year, it should be paid together with the loan.