According to the loan contract and guarantee contract, the lender will bring a lawsuit to the court, and the court will take measures such as property preservation, including freezing the deposits in all bank accounts of the lender and the loan guarantor and sealing up the pledged property. After the judgment is made, the deposit shall be forcibly deducted according to law, and the mortgaged property and other property shall be auctioned to pay off the bank loan losses; Specifically, it includes loan principal, loan interest, overdue interest and penalty interest.

The credit of the parties will be affected. If the company is a borrower, your company will be recorded in the national bank credit information system, and loans in the name of individuals will also be recorded as overdue loans in the national personal credit information system. If the lending bank does not eliminate the records, it may not be able to lend at all banks in the future. If you don't maliciously delay the bank's loan and have the ability to pay the interest on the normal loan, you can apply to the loan bank for an extension of the loan first, stating your willingness to pay back the money, and there is no fact of borrowing for the time being and no plan to pay back the money in the future. Usually the bank will postpone the repayment.

The money owed to credit cooperatives 20 years ago also needs to be paid off, otherwise it will affect credit. Credit stains and bad credit records belong to the restricted category of credit records. After a bank customer applies for financing for some reasons, it causes a record of overdue payment, that is, a credit stain. After the issuance of loans and credit cards, commercial banks submit the borrower's repayment records to the credit information system every month according to the format stipulated by the central bank, and form a credit information report on it.

The handling methods of credit cooperatives in loans overdue for 20 years are as follows: 1. You can take the initiative to communicate with credit cooperatives for repayment, but if you owe credit cooperatives loans for 20 years, credit cooperatives are generally reluctant to communicate;

2. You can also pay off the debt by directly repaying the loan and interest. Long-term non-payment of interest will be huge. If the loan is not repaid for a long time, the lender will sue the court, and the court will take measures such as property preservation, including freezing the deposits in all bank accounts of the lender and the loan guarantor and sealing up the pledged property.

legal ground

Article 188 of the Civil Law of People's Republic of China (PRC) requests the people's court to protect civil rights, and the limitation of action is three years. Where there are other provisions in the law, those provisions shall prevail.

The limitation period of action shall be counted from the date when the creditor knows or should know that the right is damaged and the debtor knows it. Where there are other provisions in the law, those provisions shall prevail. However, the people's court shall not protect the rights that have been damaged for more than 20 years. Under special circumstances, the people's court may decide to extend the time according to the application of the obligee.

Article 189 of the Civil Code of People's Republic of China (PRC) * * * Where the parties agree to perform the same debt by stages, the limitation period of action shall be counted from the date when the last performance period expires.

Article 193 of the Civil Code of People's Republic of China (PRC) * * * The people's court does not actively apply the statute of limitations.

Article 195 of the Civil Law of People's Republic of China (PRC) is under any of the following circumstances, the limitation of action is interrupted and recalculated from the date of interruption and the end of relevant procedures:

(1) The creditor makes a performance request to the debtor;

(2) The debtor agrees to perform its obligations;

(3) The obligee brings a lawsuit or applies for arbitration;

(four) other circumstances with the same effect as bringing a lawsuit or applying for arbitration.