If there are too many debts that cannot be repaid, and if they are temporarily unable to repay, they may negotiate with the creditors to repay the debts in installments. However, if the debtor has the ability and refuses to repay, the creditor can directly file a lawsuit. If the debtor still refuses to perform according to the effective legal judgment document, the creditor may apply for compulsory execution.

legal ground

Article 678 of the Civil Code of People's Republic of China (PRC)

The borrower may apply to the lender for extension before the repayment period expires; If the lender agrees, it can be extended.

Article 676 of the Civil Code of People's Republic of China (PRC)

If the borrower fails to repay the loan within the agreed time limit, it shall pay overdue interest in accordance with the agreement or relevant state regulations.

Article 675 of the Civil Code of People's Republic of China (PRC)

The borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.