Will I go to jail if I owe 30,000 yuan on my credit card?

If we owe the bank 30,000 yuan in principal on a credit card and fail to repay it, we will not go to jail under normal circumstances, but our personal credit report will be seriously affected.

Will I go to jail if I owe 30,000 yuan on my credit card?

I will not go to jail if I owe 30,000 yuan on my credit card. If you cannot pay off a credit card worth RMB 30,000, you will be subject to civil liability. Going to jail is a criminal penalty. If you cannot pay back a credit card worth RMB 30,000, you will not be subject to criminal penalties. Credit card creditors can apply to the people for property preservation and payment orders, or they can also apply for enforcement after winning the lawsuit. The "Civil Procedure Law" stipulates that 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 inquire from the relevant units about the deposits, bonds, stocks, fund shares and other property of the person subject to execution. The people have the right to seize, freeze, transfer, and change the value of the property of the person subject to execution according to different circumstances. The property that the people inquire, seize, freeze, transfer, and change value shall not exceed the scope of the obligation of the person subject to execution. When the people decide to seize, freeze, transfer or change property, they must make a ruling and issue a notice of assistance in execution, and the relevant units must handle it.

Legal Basis

Article 242 of the "Civil Procedure Law of the People's Republic of China" If the person subject to execution fails to perform the obligations specified in the legal document in accordance with the execution notice, the People's Have the right to inquire from relevant units about the deposits, bonds, stocks, fund shares and other property status of the person subject to execution. The people have the right to seize, freeze, transfer, and change the value of the property of the person subject to execution according to different circumstances. The property that the people inquire, seize, freeze, transfer, and change value shall not exceed the scope of the obligation of the person subject to execution. When the people decide to seize, freeze, transfer or change property, they must make a ruling and issue a notice of assistance in execution, and the relevant units must handle it.

Will I be jailed if I owe 30,000 yuan on my credit card?

The debt of 30,000 yuan is a civil lawsuit. I am responsible for the repayment but not criminal liability. I will not go to jail. If the loan is not repaid within the prescribed period, the plaintiff can apply for compulsory execution, and the property of the person subject to execution will be seized and frozen in accordance with the law. If he is able to repay the money but deliberately defaults, the person subject to execution will be included in the list of dishonest people. It affects the daily life of the person being executed, such as being unable to buy high-speed rail tickets. If the case is serious, it may also involve criminal liability and jail time.

Legal Basis

Article 313 of the "Criminal Law"

Whoever has the ability to execute the people's judgments or rulings but refuses to execute them, if the circumstances are serious, shall be sentenced to three years in prison below, criminal detention or a fine; if the circumstances are particularly serious, he shall be sentenced to not less than three years but not more than seven years, and shall also be fined. If a unit commits the crime in the preceding paragraph, the unit shall be fined, and the person directly in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph.

Will I go to jail if I owe 30,000 yuan to a credit card?

If an individual owes 30,000 yuan to a credit card and fails to repay, he may be sentenced to jail. It is recommended to repay credit cards on schedule.

Article 196 of the Criminal Law stipulates that anyone who engages in credit card activities with a relatively large amount shall be sentenced to not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan; if the amount is huge or there are other serious circumstances , shall be sentenced to not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; if the amount is particularly huge or there are other particularly serious circumstances, the fine shall be not less than 10 years but not more than 50,000 yuan but not more than 500,000 yuan. Fines or confiscation of property.