First, what should I do if my credit card is sued by the bank?
After my credit card is sued by the bank, if you have the ability to repay it, it's best to take the initiative to pay back all the credit card debts, because the bank sued you simply to recover the credit card debts, so as long as you pay back the debts, the bank will drop the lawsuit.
If it is really because the amount owed is relatively large, which is far beyond your repayment ability, you can contact the bank to negotiate repayment by installments before the court session, showing a strong willingness to repay, and the court will stand on your side to assist in the negotiation. As long as both parties reach a private settlement, the bank will also withdraw the lawsuit.
Second, what should I do if my credit card is sued by the bank after it is overdue?
If you want to solve the problem, you still need to contact the bank to explain why you can't pay it back and why you owe so much money. If it's because of business failure, it's barely plausible, and you can also use this as a reason to negotiate personalized installment repayment with the bank.
If you owe a huge sum of money because of gambling, and you don't have a job yourself, you can't pay back your credit card debt, then what is waiting for you may be legal sanctions.
In a word, if you can't afford to owe money because of difficulties, you can explain the reasons to the bank. As long as you have the attitude of solving the problem and have a strong willingness to repay, the bank will not give you too much trouble.
third, will you go to jail if your credit card is sued by the bank?
It is possible to go to jail if your credit card is sued by the bank, but it depends on the specific circumstances.
if the amount you owe is less than 5, yuan, even if the amount you owe is 48, yuan, even if you are sued by the bank at this time, it is only a civil dispute at most, and the worst result is that you will not be arrested and sent to jail.
If you owe more than 5, yuan in principal, spend your credit card for the purpose of illegal possession, and you are also suspected of credit card fraud, which has already involved criminal responsibility. After being sued by the bank, 1% of you will be arrested and imprisoned.
don't panic if the arrears are overdue. The legal affairs will assist in the negotiation, and the professional team lawyers will plan the repayment plan for you.