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The legal person and general manager of the company asked employees to recycle loans. How to solve the problem of being unable to repay the debt now?

The legal person and general manager of the company let employees repay their loans and are now unable to repay their debts. There are four solutions.

1. If you really do not have the ability to repay, you should negotiate with the lending institution to extend the repayment period or repay in installments.

2. If the lending institution fails to fulfill the court judgment during the performance period after winning the lawsuit in court, it will apply to the court for enforcement.

3. When accepting compulsory execution, the court will inquire about the properties, vehicles, securities and deposits in the name of the lender in accordance with the law.

4. If the lender has no property available for execution and refuses to fulfill the effective judgment of the court, negative information such as overdue repayment will be recorded in the personal credit report and the person will be restricted from high consumption and entry and exit. , and may even be detained by the judiciary.