If something is overdue, will it mail it to the local government?

Under normal circumstances, these letters are all urged by loan companies to repay. If it is overdue for a long time, the loan company may also initiate a lawyer's letter and summons. No matter what kind of loan is overdue for a long time, the consequences are very serious. We can't underestimate them. We should pay off our debts as soon as possible.

After the expiration, banks and financial institutions will entrust three parties to collect money from the company. In the process of collecting money, one of them is sending letters. Generally divided into dunning letters, notices and lawyer letters. If you want to pick up the goods at home, the cashier will usually bring a notice and a reminder letter and give it to you when you come to the door. If you don't come to the door, the mail will be sent directly. Lawyers' letters are also mailed. The function of the notification letter is to inform you of overdue matters, but it was only notified by phone and SMS before. The notification letter is written and more formal. But its function is to provide information. A dunning letter, as its name implies, is a letter urging you to repay. A lawyer's letter is a notice issued by a law firm to sue you. But there was no real prosecution. If you are really prosecuted, you will receive a summons from the court or a text message from 12368. Then according to their meanings and functions, we can understand them as: notice, reminder letter and lawyer letter. There is no substantial impact. One is to inform you of your debts, the other is to urge you to pay your debts, and the other is to sue you. But whether to prosecute or not has little to do with these three. After all, only court summons has legal effect. So when we receive a notice letter, a reminder letter and a lawyer's letter, we can ignore it. But if you receive a subpoena from the court, you must pay attention at this time. At this time, you must go to the court to cooperate with the judge for mediation.