Loans overdue arbitration failed to notify the parties.

After the online loan is overdue, if the arrears cannot be paid off for a long time, the lending institution may bring a lawsuit to the court and apply for court enforcement. If the lender refuses to perform the effective judgment of the court because there is no enforceable property under his name, negative information such as overdue repayment will be recorded in the personal credit report, and he will be restricted from high consumption and entry and exit, and may even be punished by judicial custody.

Arbitration is different from enforcement. After arbitration, you can only apply to the court with an arbitration letter. After the court accepts it, it shall be notified by the court. If the arbitration procedure is not accepted, it can raise a defense.

If arbitration is not notified and mediation is not conducted, even if the court executes it, it will be the principal plus the legal interest rate. Arbitration also has a time limit.

The arbitration institution is a company, and it can start business by filing with the Judicial Bureau. There are thousands of arbitration institutions in China.

An arbitration agreement has the same legal effect as a written arbitration agreement in traditional arbitration if it conforms to the electronic form stipulated by law and its signature conforms to the conditions of reliable electronic signature stipulated by law or the parties.

To put it simply, if the financial supervision department needs to intervene in economic arbitration, the parties should be informed that arbitration will be conducted. Those who are not aware of the significance of the award can apply to the local court for re-arbitration, and those involved in infringement can bring a lawsuit.

Debt collection companies use online arbitration to scare borrowers, and many borrowers are afraid. There is little difference between online arbitration and court judgment. We are not afraid of online arbitration, and we are not afraid of debt collection companies scaring them with online arbitration.

Of course, it is natural to pay back debts. The fundamental way to solve the problem is to work hard and pay back the money.

The above contents are related answers. If someone owes money and doesn't pay it back, we can apply for arbitration at this time. After arbitration, if the other party does not execute the arbitration, it may apply to the court for enforcement. If it does not accept the arbitration procedure, it can also raise a defense. If the lender refuses to perform the effective judgment of the court because there is no enforceable property under his name, negative information such as overdue repayment will be recorded in the personal credit report, and he will be restricted from high consumption and entry and exit, and may even be punished by judicial custody.

In fact, in our daily life, it is inevitable to encounter related civil disputes. At this time, we need to pay attention to the need to choose a suitable way to protect our civil rights and interests in time. The arbitration institution is a company, and it can start business by filing with the Judicial Bureau. Thousands of arbitration institutions across the country need legal norms.