1. The new rules for Lao Lai's inability to repay are as follows:
(1) The debt shall be paid off. If it is temporarily unable to repay, it may be repaid by the debtor in installments with the consent of the creditor or the ruling of the people's court. Those who have the ability to repay and refuse to repay shall be forced to repay by the people's court;
(2) People who break their promises will be enforced, listed in the online blacklist of public dishonesty, not allowed to buy plane tickets or stay in business hotels, and restricted from handling credit cards and loans.
2. Legal basis: Article 231st of the Civil Procedure Law of People's Republic of China (PRC).
Legally effective civil judgments and rulings, as well as the property part of criminal judgments and rulings, shall be executed by the people's court of first instance or the people's court of the place where the property is executed at the same level as the people's court of first instance.
Other legal documents stipulated by law to be executed by the people's court shall be executed by the people's court in the place where the person subjected to execution has his domicile or where the property subjected to execution is located.
Second, what are the consequences of not repaying the loan?
1. If a lending institution or bank fails to perform the judgment of the court within the performance period after winning the case in court, it will apply to the court for enforcement;
2. When accepting enforcement, the court will inquire about the real estate, vehicles, securities and deposits under the name of the lender according to law;
3. If the lender has no property to enforce and refuses to perform the effective judgment of the court, negative information such as overdue repayment will be recorded in the personal credit report, and will be restricted from high consumption and entry and exit, and may even be judicial custody;
4. Refusing to execute a judgment or ruling is suspected of refusing to execute a judgment or ruling.