Will you be wanted if you owe money to the bank and run away?

1. The debt is civil and as long as it is not a malicious transfer of property, it will not be suspected of a criminal offense and will not be wanted.

2. If you run away, the bank will first use the collateral to repay, and the guarantor will repay the shortfall.

3. The bank can sue to demand repayment within a time limit, compensation, or apply for enforcement.

4. You will be included in the bank’s personal credit blacklist.

Extended information:

Bank enforcement methods:

1. Inquire, freeze and transfer the deposits of the person being applied for enforcement.

The maximum period for freezing the deposits of the person being applied for execution is six months. If it is necessary to continue freezing, the freezing procedures should be completed with banks, credit unions, etc. before the freeze expires. Otherwise, the application will not be processed after the expiration date. Considered to be automatically unfrozen.

2. Withhold and withdraw the income of the person being applied for execution.

Article 222 of the "Civil Procedure Law" stipulates: If the person subject to execution fails to perform the obligations specified in the legal document in accordance with the execution notice, the people have the right to withhold and withdraw the income of the person subject to execution that should fulfill the obligations. However, the necessary living expenses of the executor and his dependent family members shall be retained. When the people withhold or withdraw income, they shall make a ruling and issue a notice of assistance in enforcement, which must be handled by the person's unit, banks, credit cooperatives and other units with savings business.

3. Seal, detain, auction, and sell off the property of the person being applied for execution.

Seizure is a temporary measure, which refers to an execution measure in which the people affix a seal to the relevant property of the person being applied for execution, seal it on the spot, and prohibit anyone from transferring or handling it.

Auction is a public and competitive way for people to sell the property of the person subject to execution at the highest price on the spot.

4. Search the hidden property of the person being applied for execution.

During the execution process, it may also happen that the person being applied for execution not only fails to perform the obligations specified in the legal document overdue, but also transfers the property and refuses to explain his true property status to the people. In response to these situations, Paragraph 1 of Article 227 of the Civil Procedure Law stipulates: If the person subject to execution fails to perform the obligations specified in the legal document and conceals property, the people have the right to issue a search warrant to search for the person subject to execution and his residence or the place where the property is hidden. Conduct a search.

5. Force the person subject to execution to deliver the property specified in the legal document.

If the people's judgment, ruling, mediation document and other legal documents that should be executed specify a party to deliver property or tickets, the execution personnel shall, on the basis of doing a good job in the ideological work of the person being applied for execution, summon When both parties appear in court or at a designated place, the property or bills delivered by the legal document delivered by the person being applied for execution shall be directly delivered to the person applying for execution for signature.