I owe more than 10,000 yuan on my credit card, and now I have no money to pay back overdue, what should I do?
It will be enforced. According to the provisions of the Civil Procedure Law, if a party does not consciously perform an effective legal document, it can be enforced by force. If the party escapes, enforcement measures such as sealing, detaining, freezing, transferring, and auctioning the property of the person subject to execution will still be taken in accordance with the law, and Credit punishment measures such as being added to the list of dishonest persons subject to execution and restricting high consumption can be taken against the person subject to execution. In addition, the person subject to execution will also pay additional execution fees for delayed performance. In addition, if the party's credit card debt reaches 10,000 yuan and the bank repeatedly calls for it but fails to repay it, it constitutes a credit card crime. After the bank reports the case to the public security organ, criminal liability can be pursued in accordance with the law. Article 236 of the Civil Procedure Law of the People's Republic of China requires the parties to fulfill any legally effective civil judgment or ruling. If one party refuses to perform, the other party may apply to the people for execution, or the judge may transfer the case to an execution officer for execution. Mediation agreements and other legal documents that should be executed by the people must be fulfilled by the parties concerned. If one party refuses to perform, the other party may apply to the people for enforcement. Article 241 If the person subject to execution fails to perform the obligations specified in the legal document in accordance with the execution notice, he shall report the current property situation and the property situation one year before the date of receipt of the execution notice. If the person subject to execution refuses to report or makes a false report, the people may fine or detain the person subject to execution or his legal agent, the principal person in charge of the relevant unit or the directly responsible person according to the seriousness of the case. Article 242 If the person subject to execution fails to perform the obligations specified in the legal document in accordance with the execution notice, the people have the right to inquire from the relevant units about the deposits, bonds, stocks, fund shares and other property of the person subject to execution. The people have the right to seize, freeze, transfer, and change the value of the property of the person subject to execution according to different circumstances. The property that the people inquire, seize, freeze, transfer, and change value shall not exceed the scope of the obligation of the person subject to execution. When the people decide to seize, freeze, transfer or change property, they must make a ruling and issue a notice of assistance in execution, and the relevant units must handle it. Article 243 If the person subject to execution fails to perform the obligations specified in the legal document in accordance with the execution notice, the people have the right to withhold and withdraw the income of the person subject to execution that should fulfill the obligations. However, the necessary living expenses of the person subject to execution and his dependent family members shall be retained. When the people withhold or withdraw income, they shall make a ruling and issue a notice of assistance in enforcement, which must be handled by the person's unit, banks, credit cooperatives and other units with savings business. Article 244 If the person subject to execution fails to perform the obligations specified in the legal document in accordance with the execution notice, the people have the right to seal up, detain, freeze, auction, and sell off the property of the person subject to execution that is required to perform his obligations. However, the daily necessities of the person subject to execution and his dependent family members shall be preserved. To take the measures mentioned in the preceding paragraph, the people shall make a ruling. Article 248 If the person subject to execution fails to perform the obligations specified in the legal document and conceals property, the people have the right to issue a search warrant to search the person subject to execution and his residence or the place where the property is hidden. To take the measures mentioned in the preceding paragraph, the dean shall issue a search warrant. Article 252 If the person subject to execution fails to perform the acts specified in a judgment, ruling or other legal document in accordance with the execution notice, the people may enforce the execution or entrust the relevant unit or other person to complete it, and the costs shall be borne by the person subject to execution. Article 253 If the person subject to execution fails to perform the monetary payment obligation within the period specified in the judgment, ruling or other legal documents, he shall pay double the interest on the debt during the period of delayed performance. If the person subject to execution fails to perform other obligations within the period specified in the judgment, ruling or other legal documents, he shall pay a delay performance fee. Article 255: If the person subject to execution fails to perform the obligations specified in the legal document, the people may take measures against him or notify the relevant units to assist him in taking measures such as restricting his exit from the country, recording in the credit reporting system, publishing information on non-performance of obligations through the media, and other measures prescribed by law. .
Article 196 of the "Criminal Law": Credit card crimes. If the crime involves one of the following circumstances, whoever engages in credit card activities and the amount is relatively large shall be sentenced to not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan; If the amount is extremely huge or there are other particularly serious circumstances, the sentence shall be not less than five years but not more than ten years, and a fine of not less than 50,000 yuan but not more than 500,000 yuan; A fine of not less than RMB 500,000 but not more than RMB 500,000 or confiscation of property may be imposed: (1) Using a forged credit card, or using a credit card fraudulently obtained with false identification; (2) Using an expired credit card; (3) Pretending to use another person’s credit card ; (4) Malicious overdraft. The term "malicious overdraft" as mentioned in the preceding paragraph refers to the cardholder's behavior of overdrafting beyond the prescribed limit or within the prescribed period for the purpose of illegal possession and failing to return the card after being called upon by the card-issuing bank. Anyone who uses a credit card at the same time shall be convicted and punished in accordance with the provisions of Article 264 of this Law.
What should I do if I owe more than 10,000 yuan on my credit card and still can’t pay it back
If I owe 10,000 yuan on my credit card but have no money, I can borrow it from relatives and friends first and pay it back. The consequences of owing money on a credit card: 1. Overdue interest will be penalized, with interest of 0.05% per day. 2. The bank will pursue the claim. 3. If the bank fails to recover, it will report overdue information to the Personal Credit Reference Center of the People's Bank of China. As a result, personal default information is notified throughout the financial industry, making it impossible to apply for business with other financial institutions. As an individual, once your personal credit information is hacked in the banking industry, it will actually be very difficult for you in the future. 4. You may ask the bank for repayment. Now you have no money to pay back, but as long as there is money in your bank account, it will be directly deducted. 5. If you fail to return it, you may be suspected of credit card crime. You need to go to jail.
What should I do if I owe more than 10,000 yuan on a credit card?
The handling of a debt of more than 10,000 yuan on a credit card is as follows:
1. Civil, the debtor repays the debt according to the judgment. That’s it.
2. Criminal, the debtor needs to bear corresponding criminal liability.
3. The debtor can negotiate with the bank for repayment. If all the debt can be repaid before the judgment, the debtor can also request the bank to withdraw the lawsuit to avoid legal liability.
This ends the introduction on what to do if you owe more than 10,000 yuan on a credit card and what to do if you owe more than 10,000 yuan on a credit card. I wonder if you found the information you need?