Literally, debt restructuring means redefining the debtor's debt. Officially, it means that the debtor negotiates with the creditor, renegotiates the repayment time and amount of the debt without changing the nature of the debt, reaches a new plan, and signs the corresponding agreement. Therefore, the specific grace period needs to be negotiated with the bank and will not be known until the bank gives the results.

If the credit card is overdue, the debtor can choose to negotiate with the bank according to his actual situation, consider paying off the interest in one lump sum, or negotiate repayment in installments. No matter which repayment method, it is very good for the debtor, which can reduce everyone's repayment pressure.