Industrial Bank said that the prosecution would really happen?

Industrial Bank said it would sue, and it may actually sue. But before that, you can consult the bank and check the situation before handling it. Generally, it depends on the length of time and the amount of money you owe. If the amount is large, it is indeed overdue for more than three months.

Under normal circumstances, there are transactions with banks, resulting in debts with banks. If one party fails to repay after being urged by the bank, the bank will collect debts through litigation.

It's for personal credit card repayment. After using a credit card in the west, the amount on the credit card cannot be repaid on schedule. Banks will urge credit card users, and borrowers will be prosecuted if they don't repay.

Therefore, when you receive the short message of the bank's notice of prosecution, you must pay off the overdue loan as soon as possible to avoid the worse impact.

Legal basis:

People's Republic of China (PRC) Civil Code

Article 675

The borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.

Article 674

The borrower shall pay interest at the agreed time limit. If the time limit for paying interest is not stipulated or clearly stipulated, and cannot be determined according to the provisions of Article 510 of this Law, if the loan period is less than one year, it shall be paid together with the loan; If the loan term is more than one year, it shall be paid at the end of each year; if the remaining term is less than one year, it shall be paid together with the loan.