Analyzing the aging of accounts receivable is helpful to evaluate the operating performance of the sales department, speed up the collection and reduce the loss of bad debts; It is beneficial for users of accounting statements to better understand the company's assets. "
What happens if you don't borrow money?
1. If the lending institution or bank fails to perform the court judgment within the performance period after winning the court case, it will apply to the court for enforcement.
2. When accepting enforcement, the court will inquire about the real estate, vehicles, securities and deposits in the name of the lender according to law.
3. If the lender refuses to perform the effective judgment of the court because there is no executable 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 be punished by judicial custody.
4. In the case of refusing to execute the judgment or ruling, it is suspected of refusing to execute the judgment or ruling.
Second, if a bank loan is owed, the banking institution will take the following measures:
1. The bank will call the borrower to collect debts.
2. If the borrower fails to repay the loan after debt collection, there will be a certain penalty interest and a bad credit record for himself.
3. If the borrower still fails to repay the loan, the bank will send relevant staff to collect the debt in person.
If the borrower fails to repay the loan until the end, the bank will take legal measures to protect its rights and interests through law. If the borrower applies for a mortgage loan, the collateral will be auctioned by the court, and then the funds obtained from the auction will be used to repay the loan.
Third, overdue loans
According to the relevant provisions of the Contract Law, the borrower's failure to repay the loan within the time limit stipulated in the loan contract is a breach of contract and should bear the liability for breach of contract. The ways to bear the liability for breach of contract include returning the loan principal, paying the interest during the loan period agreed in the contract and paying the interest on the overdue part of the loan.
Because the parties have a clear agreement in the loan contract, there is generally no dispute about returning the loan principal and paying interest during the loan period agreed in the contract; There is a great dispute between the parties about the interest on overdue loans, and the standards applied by judges in judging such cases are not uniform, which affects the authority of the law. Lawyers believe that it is necessary to integrate this issue so that everyone's understanding can be unified.
The funds invested by banks in such loans may or may not be recovered in the future. There is a great possibility of losses, and commercial banks usually have to impose a penalty interest on such loans. Overdue loans are the problem assets of banks, so commercial banks should maintain a high capital reserve, and the reserve ratio is generally 50%. "