What happens if the loan doesn't receive a text message?

If you have been from loans overdue, Qian Bao for more than one month, and you receive a text message saying that you will issue a subpoena to the local authorities, the following may happen:

1. Handling collection: The borrowing company may entrust a collection agency or a law firm to handle overdue payments. They may contact you by telephone collection, home visit or sending overdue notice.

2. Legal procedures: If the borrowing company is not satisfied with your overdue behavior, they can bring a lawsuit to the court. The court will investigate and judge according to the corresponding legal procedures.

3. Judicial enforcement: Once the court decides that the borrowing company has the right to repay the debt, they may recover the money through judicial enforcement. This includes freezing your bank account, seizing property or wages, etc.

Summary:

If your loan is overdue, the borrowing company may take various measures to recover the arrears, including entrusting a collection agency, bringing a lawsuit, and recovering the money through judicial enforcement.

Extended data:

-overdue loans are prohibited by law, and borrowers have the responsibility to repay their debts on time.

-The borrowing company may take relevant measures to recover overdue funds according to the terms of the contract, including bringing a lawsuit to the court.

-the court will decide whether to support the request of the borrowing company according to the specific circumstances of the case, and can decide what enforcement measures to take.

Please note that the above information is only a general explanation and cannot replace specific legal opinions. If you are faced with a similar situation, please consult a professional lawyer in time to get accurate legal advice and help.