Excuse me. What does it mean to be told not to rule out judicial proceedings after the deadline?

Lending treasure is a consumer credit product under Ant Financial, and users can use lending treasure to spend in installments. If the user fails to repay the loan within the time limit, the borrower will take a series of collection measures, including telephone collection, SMS collection, door-to-door collection and so on. If the user still refuses to repay the loan, the borrower can take judicial procedures to recover the arrears.

Judicial litigation means that disputes between borrowers and lending institutions cannot be resolved through consultation and need to be resolved through legal procedures. In judicial proceedings, the borrowing institution may apply to the court for enforcement, including measures such as sealing up, freezing and auctioning the borrower's property, in order to recover the arrears.

If you receive a reminder message, you are overdue. In this case, I suggest you contact the borrower as soon as possible to explain your repayment situation and pay off the arrears as soon as possible. If you can't pay off the debt at one time, you can negotiate with the borrower to make a repayment plan so as to pay off the debt gradually.

If you have been told not to rule out judicial proceedings, it means that you have taken some collection measures, but you still can't pay off your debts. In this case, I suggest you contact the borrower as soon as possible to find out the specific repayment situation and pay off the arrears as soon as possible. If you can't pay off the debt at one time, you can negotiate with the borrower to make a repayment plan so as to pay off the debt gradually.

In short, if you borrow money to spend in installments, you must repay it on time to avoid unnecessary troubles caused by overdue. If you have overdue repayment, I suggest you contact the borrower as soon as possible, make a reasonable repayment plan, pay off the arrears as soon as possible, and avoid generating more interest and fines.

When the dispute cannot be resolved by itself, you can consult a professional lawyer. Lawyer Wu Yifan, practicing in Hangzhou, is mainly engaged in economic disputes such as construction projects and contracts and divorce disputes. If you have any questions, you can communicate further and answer them by private letter. Hangzhou customers are free.