Joke Collection Website - Blessing messages - I owe Gitzo money, but I haven't paid it back for five years in 7000. Will I go to jail?

I owe Gitzo money, but I haven't paid it back for five years in 7000. Will I go to jail?

1. The loan dispute is a civil dispute, and you will not go to jail under normal circumstances. If the other party sues you and you fail to repay the debt within the prescribed time limit, the court can enforce it and bear double interest on the debt.

2. If the amount owed to Gitzo is overdue, a penalty interest of 150% of the overdue amount will be charged every day, and credit investigation will be conducted in strict accordance with the requirements of the People's Bank of China. Due to overdue repayment, the credit record cannot be revoked.

3. After the lending institution wins the case in the court, if the debtor fails to perform the court judgment within the performance period, the creditor may apply to the court for enforcement.

4. When accepting enforcement, the court will inquire about the property, vehicles, securities and deposits under the debtor's name according to law.

5. In addition, if the debtor has no property to execute and refuses to execute the effective judgment of the court, negative information such as overdue payment will be recorded in his personal credit report, which will restrict his high consumption and entry and exit, and may even lead to judicial custody.

6. Refusing to execute a judgment or ruling is suspected of refusing to execute a judgment or ruling.

Extended data:

Article 242nd of the Civil Procedure Law: If the person subjected to execution fails to perform the obligations specified in the legal documents according to the notice of execution, the people's court has the right to inquire about the deposits, bonds, stocks, fund shares and other properties of the person subjected to execution. From the relevant units.

The people's court has the right to seal up, freeze, transfer or change the property of the person subjected to execution according to different circumstances. The property inquired, sealed up, frozen, transferred or changed in price by the people's court shall not exceed the scope of obligations that the person subjected to execution shall perform.

Article 266 of the Criminal Law stipulates that whoever defrauds public or private property in a relatively large amount shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined;

If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated. Where there are other provisions in this Law, such provisions shall prevail.

Article 313 of the Criminal Law, whoever has the ability to execute it refuses to execute the judgment or ruling of the people's court, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or a fine.

References:

China People's Network-Civil Procedure Law

References:

China People's Congress Network-People's Republic of China (PRC) and China Criminal Law