1. How long does it take to enforce enforcement after a credit card overdue lawsuit?

It usually takes two or three months. Therefore, if a credit card is overdue for two or three months, you will be prosecuted. Enforcement.

To enforce an overdue credit card, the bank first needs to go to court to sue. If the cardholder has not performed the contract after the court's decision, the bank can apply to the court for enforcement. There are two times to pay attention to when enforcing enforcement, one is the effective time, and the other is the execution time.

The effective time is calculated from the date when the judgment takes effect, and there is a statute of limitations of 2 years. The execution time is calculated from the date the court receives the application for execution. Execution must be completed within 6 months unless there are special circumstances. If execution is terminated under special circumstances, corresponding time will be deducted.

After the credit card expires, the cardholder can negotiate with the bank to negotiate the repayment time and content. As long as the negotiation is successful, a personalized repayment contract will be signed, so that the cardholder can request the bank to cancel it. litigation. The purpose of the bank's lawsuit is to make the cardholder repay the loan. Therefore, if the cardholder has not repaid the loan during the period of being sued, then after the court's decision, the repayment period will be required. After the court's decision, the cardholder must repay the loan. Failure to repay will result in enforcement action against the cardholder.

2. What are the consequences of being sued for an overdue credit card?

The main consequences of being sued by a bank for an overdue credit card are: the customer repays the debt as soon as possible after the court judgment. If the customer repays the debt after the court judgment, If you refuse to repay, the court may impose enforcement actions, and may freeze the bank card in the customer's name, and then deduct the funds for repayment; or mortgage or auction the assets in the customer's name, and use the proceeds from the auction to pay off the debt.

If the customer clearly has the ability to repay but deliberately fails to repay, the court is likely to include the customer in the list of dishonest persons subject to enforcement. Once the customer becomes a dishonest person, not only will the subsequent credit Businesses cannot be run, and even daily consumption and travel will be restricted.

If a credit card continues to be overdue, it will also generate a lot of penalty interest. The customer will have to pay more and more, the damage to personal credit will be more serious, and the overdue record in the credit report will also be If you keep it for a long time, negative information such as "three in a row and six in a row" will appear on your credit report.

Therefore, if your credit card is overdue, you should find a way to pay it off as soon as possible. If it is not enough, you can proactively contact the bank to negotiate and try to apply for an extension or interest suspension.

If the cardholder's finances allow, he must repay all the credit card debt. If he is sued by the bank, he will be enforced after two to three months; if he cannot repay the loan in one go, he can apply for it. The procedure for suspending the interest rate and hanging the account requires the cardholder to provide proof of his or her financial status and explain to the bank that he or she does not have the ability to repay. The assets under the cardholder's name can also be mortgaged and auctioned.