In the case of loans overdue, detainees can entrust their families to repay overdue loans. If it fails to do so within the time limit, the lending institution may sue the detained person. If the lending institution wins the case, the court can enforce the property of the detainee.

legal ground

Article 678 of the Civil Code

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

Article 667

A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.

Article 67 1

If the lender fails to provide the loan according to the agreed date and amount, thus causing losses to the borrower, it shall compensate for the losses.

If the borrower fails to collect the loan according to the agreed date and amount, it shall pay interest according to the agreed date and amount.