If the debt is true, it is recommended to repay the debt in time. If you are temporarily unable to repay, you can negotiate with your creditors about repayment. In this case, you can contact the bank. If a bank files a civil lawsuit in court, the court should decide whether to accept it within 7 days from the date of receiving the litigation materials. No one will be arrested in civil prosecution.

If the amount of arrears reaches 10,000 yuan and is not returned for more than 3 months after two collections by the bank, it shall constitute a crime of credit card fraud and shall bear criminal liability. After the public security organ files a case for investigation, it is possible to arrest someone. It usually takes about four months before the procuratorate files an indictment in court.

Extended information

Overdue accounts that exceed the M4 period are called M4+. Most of the accounts in this situation are completely unable to contact the cardholder, or there are counterfeit cards or stolen cards. , or the cardholder dies, or has the ability to repay but is unwilling to repay! Part of this stage is that the overdue amount is too small, but when the amount rolls over over a period of time, the bank will sue again.

The other part is suspected of having a large amount (generally refers to the principal amount of more than 10,000 yuan), and the attitude of non-repayment has been made clear during the phone collection, the bank or the authorized client will sort it out Relevant information, as evidence, will be dealt with according to the circumstances in accordance with Article 196 of the Criminal Law of our country. In some cases, the case will be reported to the Economic Investigation Section of the public security organ, and the court hearing will be announced to the media to warn other overdue customers who intentionally default!

Baidu Encyclopedia - Credit Card Collection