Legal subjectivity:

Receiving a letter from a lawyer indicates that the bank has issued an ultimatum. In this case, the following should be done: (1) You can contact the bank first to confirm Here’s the solution. The debtor can give the bank a repayment plan. If the bank accepts it, there will be no problem as long as the contract is fulfilled according to regulations. (2) Although receiving a lawyer’s letter does not mean that the other party is suing, it cannot be ignored. According to bank regulations, the bank's legal department will file legal proceedings according to procedures. After a formal lawsuit is filed, a court summons will generally be received within two weeks. Legal objectivity:

Article 66 of the "Measures for the Supervision and Administration of Credit Card Business of Commercial Banks" Card-issuing banks shall establish a credit card debt collection management system, standardize credit card collection strategies, authorities, processes and methods, and effectively control business risks . Card-issuing banks are not allowed to use a single assessment method for debt collectors based on commission on the amount of debt recovered.