If you really do not have the ability to repay, you should negotiate with the bank or lending institution to extend the repayment period or repay in installments.

The loan money will not have any consequences:

1. If the lending institution or bank fails to fulfill the court judgment during the performance period after winning the lawsuit in court, it will apply to the court for enforcement. .

2. When accepting compulsory execution, the court will inquire about the properties, vehicles, securities and deposits in the name of the lender in accordance with the law.

3. If the lender has no property available for enforcement and refuses to fulfill the court’s effective judgment, negative information such as overdue repayment will be recorded in the personal credit report and high consumption and entry and exit will be restricted. , and may even be subject to judicial detention.

4. If the person has the ability but refuses to execute, he is suspected of refusing to execute the judgment or ruling.