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What should I do if I owe the bank 40 thousand to be sued
Legal analysis: 1. After filing a lawsuit, the plaintiff should actively respond to the lawsuit and strive for a favorable judgment; 2. If the court decision is unfavorable to you, perform it as soon as possible if you have the ability to perform it; 3. After the court decision takes effect, the plaintiff may apply to the court for compulsory license, and the court will seal up and freeze the executed property according to law; 4. If the person subjected to execution has the ability to perform and refuses to perform, the court may include the person subjected to execution in the list of people who have lost faith and affect the daily life of the person subjected to execution, such as not taking the high-speed train; 5. Finally, the person subjected to execution may be sentenced to punishment for refusing to perform the effective judgment document.

Legal basis: Article 392 of the Civil Law of People's Republic of China (PRC) (hereinafter referred to as "Civil Law") states that if the secured creditor's right is guaranteed by both the property and the person, the creditor shall realize the creditor's right according to the agreement if the debtor fails to perform the due debt or the parties agree to realize the security right; if the agreement or agreement is unclear and the debtor provides the guarantee by himself, the creditor shall first realize the three-thing guarantee provided by the creditor, and the creditor may realize the creditor's right on the collateral or request the guarantor to assume the guarantee responsibility. The third party providing the guarantee shall have the right to recover from the debtor after assuming the guarantee responsibility.