Legal analysis: if the loan owed to the bank is not repaid, the court will freeze the assets of the person subjected to execution, and the assets can be sealed up and auctioned, and then the proceeds will be repaid to the creditors according to the amount owed, and the rest will be returned.

Legal basis: Article 244 of the Civil Procedure Law of People's Republic of China (PRC) stipulates that if the person subjected to execution fails to perform the obligations specified in the legal documents according to the notice of execution, the people's court has the right to seal up, detain, freeze, auction or sell off the property that the person subjected to execution should perform. However, the necessities of life of the person subjected to execution and his dependents shall be retained. The people's court shall make a ruling on taking the measures mentioned in the preceding paragraph.