Legal analysis: the people's court seized the property in the hope that the seized party could pay off the loan as soon as possible. How to repay the loan should continue according to the provisions of the loan contract. When the loan is paid off, the people's court will lift the seizure according to law. If the loan is not paid off, the people's court will auction or sell the property of the person subjected to execution according to law after detaining the necessities of life of the person subjected to execution and his dependents.

Legal basis: Article 244 of the Civil Procedure Law of People's Republic of China (PRC). 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.