1. Will you be sued for a credit card debt of 20,000 yuan?

A credit card debt of 20,000 yuan will be sued. Civil disputes over arrears fall within the jurisdiction of the courts, and there is no legal minimum limit on the amount of arrears. Of course, if the amount owed is relatively small, it is up to the parties themselves to decide whether it is worth suing.

2. How long will it take for someone to be sued for an overdue credit card of RMB 20,000?

1. If a credit card holder owes RMB 20,000 overdue and fails to repay, the cardholder still refuses to repay the bank after three reminders. If the debt is repaid, the bank will send a lawyer's letter to the cardholder;

2. If the debt is still not repaid, the bank may sue the cardholder.

3. What to do if you are sued for not paying back your credit card

If you fail to pay back your credit card overdue and are sued by the People's Court, the cardholder can handle it in the following ways:

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1. Timely repayment: If the cardholder has the ability to repay, it is best to repay the card in time. After repayment, the bank will generally withdraw the lawsuit. If you do not repay the debt, you will be ordered by the court to repay the debt, and you will also have to bear litigation costs.

2. Responding to a lawsuit: If the cardholder wants to respond to a lawsuit, he can write a statement of defense and submit it to the People's Court within the defense period to respond to the lawsuit. He can also entrust a lawyer to serve as a litigation agent to respond to the lawsuit.

As long as there is a debt on the credit card and we do not repay it to the bank, then the bank has the right to sue us to repay the debt. Under normal circumstances, banks adopt the method of collection. If it is a lawsuit, then the amount owed is relatively large, or the debtor has no intention to repay.

Legal Basis

"Measures for the Supervision and Administration of Credit Card Business of Commercial Banks"

Article 70 Under special circumstances, it is confirmed that the amount owed by a credit card exceeds the amount owed by the cardholder If the cardholder has the ability to repay the card and the cardholder is still willing to repay, the card-issuing bank can negotiate with the cardholder on an equal footing to reach a personalized installment repayment agreement. The maximum term of a personalized installment agreement shall not exceed 5 years.

The contents of the personalized installment repayment agreement should at least include:

(1) Arrears balance, structure, currency;

(2) Repayment Period, method, currency, date and repayment amount of each period;

(3) Whether annual fees, interest and other fees will be charged during the repayment period;

(4) Holding Cardholders shall not apply for a credit card commitment from any bank before all amounts related to the personalized installment agreement have been settled;

(5) Rights, obligations and liability for breach of contract by both parties;

(6) Other matters related to repayment.

If both parties reach an agreement and sign an installment repayment agreement, the card-issuing bank and its card-issuing business service agency shall stop collecting payments from the cardholder, unless the cardholder fails to fulfill the installment repayment agreement. If an oral repayment agreement is reached, the card-issuing bank must retain the recording materials. The recording data will be retained at least until the date of settlement of the debt.