Many people still want to negotiate repayment with the bank when their credit cards are in arrears. If the negotiation is successful, they will have the opportunity to reduce interest rates and will not be collected. However, the negotiation of repayment also depends on the time limit, and the bank does not agree to negotiate at any time. Some people will ask whether credit cards can be negotiated after being sentenced. Don't panic when you receive the enforcement notice. In some cases, banks can still negotiate.

Can we negotiate after the credit card is awarded?

There are generally three periods for owing credit cards and negotiating repayment with banks.

1, credit card overdue for 3 months. Before the bank sues, it is generally the best negotiation repayment period. Usually, the penalty interest and liquidated damages caused by the overdue credit card for 3 months are already relatively high, and the repayment time left by the bank for the cardholder is also relatively sufficient. As long as it is not maliciously overdue, you can try to negotiate repayment with the bank.

2. Credit card arrears are prosecuted before the court decision. Before the judgment, the court will give both parties a chance to mediate. If the previous repayment negotiation with the bank fails, they will seize this opportunity to try again, provided that the cardholder himself will attend, otherwise the absence means giving up and the court will make a judgment by default.

3. After the judgment of the court, it will enter the implementation stage. After the court decides, the assets under the cardholder's name will be executed. However, many cardholders have no assets under their names, and even if they are executed, banks will not get money. Cardholders can take this opportunity to apply to the bank for repayment negotiation, and the bank can suspend the execution after agreeing to negotiate.

Whenever you negotiate repayment with the bank, you must first show your willingness to repay, and describe the repayment problem, supplemented by relevant documents, including poverty certificates and debt certificates. It is also necessary to propose a repayment plan to see if the bank can accept it. The most important point is to let banks know that they are temporarily unable to repay, not forever.

The above is the introduction of "Can the credit card be negotiated after being sentenced?". . Need to be reminded that after the credit card negotiation repayment is successful, it must not be overdue again. Otherwise, the bank will not give those who have no contractual spirit any chance to negotiate. As the interest was overdue and rose again, it was urged to be recovered.