Is it true that Alipay WeChat will be frozen after the deadline?

It is true that Alipay and WeChat accounts will be frozen after the deadline. Specific instructions are as follows:

1. Overdue repayment: If the user fails to repay the loan on time, the creditor may apply to the court to freeze Alipay and WeChat accounts to recover the debt or preserve the property.

2. Freezing measures: Once the freezing takes effect, users will not be able to use Alipay and WeChat for transfer, consumption, withdrawal and other operations until the debt is paid off or thawed.

3. Legal procedures: freezing accounts requires a court ruling and strict compliance with relevant legal procedures. Creditors cannot freeze accounts at will, and must meet the conditions prescribed by law.

4. Protection of creditor's rights: The purpose of freezing Alipay and WeChat accounts is to protect the interests of creditors and ensure that debts can be properly handled.

5. Thawing process: Once the debt is paid off, the creditor can apply to the court for thawing, and the user can resume the normal use of the account through legal procedures.

Summary: Overdue repayment may lead to the freezing of Alipay and WeChat accounts. Freezing is to protect the rights and interests of creditors and ensure that debts are paid off. Freezing accounts requires legal procedures, and users can resume the normal use of accounts through the thawing process.

Extended data:

According to the laws of China, the recourse procedures for overdue debts include civil litigation and arbitration. In this process, creditors have the right to apply for freezing Alipay and WeChat accounts to preserve their creditor's rights. The freezing procedure needs to comply with relevant laws and regulations, such as Article 237 of the Civil Procedure Law of People's Republic of China (PRC) and Article 27 of the Law of People's Republic of China (PRC) on Enforcement of Adjudication. Users should communicate with creditors in time when overdue repayment, and take measures to deal with debts as soon as possible to avoid freezing accounts.