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How will the court rule if you owe 300,000 on a credit card and cannot repay it?

Legal analysis: If you owe 300,000 to the bank and fail to repay the bank loan, it is only a civil dispute and you will not be held criminally responsible or jailed. If the bank files a lawsuit and wins, but the party fails to fulfill the court judgment within the performance period, the bank can apply to the court for compulsory execution.

Legal basis: "Criminal Law of the People's Republic of China" Article 313: Anyone who is capable of executing the judgment or ruling of the People's Court but refuses to execute it, if the circumstances are serious, shall be sentenced to not more than three years. Imprisonment, short-term detention or fine.

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