Handling methods and consequences of non-repayment of loans by banks;
1. If it is really unable to repay, it shall negotiate with the credit company to extend the repayment period or return it in installments.
2. If the credit company fails to perform the court's judgment within the performance period after suing the court and winning the case, it will apply to the court for enforcement.
3. When accepting enforcement, the court will inquire about the real estate, vehicles, securities and deposits in the name of the lender according to law.
4. If the lender refuses to perform the effective judgment of the court because there is no enforceable property under his name, negative information such as overdue repayment will be recorded in the personal credit report, which will restrict high consumption and entry and exit, and may even lead to judicial custody.
5. Refusing to execute a judgment or ruling is suspected of refusing to execute a judgment or ruling.
Article 313 of the Criminal Law: Crime of refusing to execute a judgment or ruling. Whoever refuses to execute a judgment or ruling, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or a fine.