What are the consequences of the loan money?

1. If it is really unable to repay, it shall negotiate with the lending institution to extend the repayment period or repay by installments.

2. If the lending institution fails to perform the judgment of the court 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.

1, the real estate auction commission is generally due to the debtor's inability to pay off due debts or other urgent financing needs, and all the real estate of the debtor is forcibly auctioned according to law. If it is the debt repayment object entrusted by the court, the completion of the auction will directly affect the end of the law enforcement procedure. If the auction fails, the court will usually discount the auction target to pay off the debt.

2. Generally, the real estate entrusted for auction, especially the real estate directly seized by the developer, has such defects, and the auction real estate is mostly single, partial and small-scale real estate, so the high evaluation price will inevitably affect the auction transaction.

3. The buyer also bids without fully understanding the real estate. The auction is actually to facilitate the transaction in a short time, and the buyer needs to pay the money in a short time, which is risky. In order to promote the success of the auction, we must have a price advantage to attract buyers to bid.

Mortgage characteristics

(1) The mortgagor and the mortgagee shall conclude a mortgage contract in writing. Article 38 of the Guarantee Law: "The mortgagor and the mortgagee shall conclude a mortgage contract in writing."

(two) mortgage does not transfer the possession of collateral. Article 33 of the Guarantee Law: "The term" mortgage "as mentioned in this Law means that the debtor or a third party does not transfer its possession and takes the property listed in Article 34 of this Law as the creditor's right guarantee. When the debtor fails to perform his debts, the creditor has the right to discount or give priority to compensation with the price of auction or sale of property in accordance with the provisions of this law. " [ 1]

(3) When the debtor fails to perform the debt, the creditor has the right to discount or auction or sell off the property in accordance with the law.