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.
overdue loans
Usually, it refers to the phenomenon that after the loan expires, the borrower fails to return the loan principal and interest to the bank that issued the loan according to the loan term agreed in the loan contract, and fails to go through the relevant extension or loan extension procedures, which leads to the loan exceeding the agreed term.