Bandwidth library for owing money and paying bills

The nature of IOUs and IOUs is different, and the reasons for their formation are also different. The debt is mainly caused by borrowing, and the debt may be caused by the interest on the sale and lease.

If the repayment date of the loan is not agreed, the creditor may claim at any time that the limitation period shall not exceed three years from the time when the debtor refuses to repay. If the repayment period is agreed.

The limitation period shall be calculated from the expiration of repayment. If the repayment period is not stipulated in the IOU, the limitation of action shall be calculated from the day when the IOU is formed; if the repayment period is stipulated, it shall be calculated from the time when the repayment period expires. That is to say, the term of IOUs is the same as that of IOUs with agreed repayment period, but the term of IOUs without agreed repayment period is different.

Extended data:

In the course of litigation, the people's court shall examine the legality of the rights and obligations stipulated in the IOUs or IOUs according to different laws. Due to the IOU is formed based on the loan relationship, according to Article 90 of General Principles of Civil Law of People's Republic of China (PRC) and General Principles of Civil Law of People's Republic of China (PRC):

"Legal loan relationship is protected by law". In monetary lending, usury violates the prohibitive provisions of laws and regulations, and the resulting IOUs have the legal consequences of invalid civil acts and cannot be used as evidence for the right subject to claim rights.