How to deal with the arrears of payment in Yiwu?

In case of arrears, the main solutions are as follows:

(1) Find the other party's work address and go to the door to urge the other party to pay for the goods. (2) If the other party maliciously defaults on the payment, it can bring a lawsuit to the court. The complaint shall specify the defendant's name, gender, work unit, domicile and other information, as well as the name and domicile of the legal person or other organization.

The most effective way is to negotiate with each other reasonably first. If the other party still refuses to repay, it can be solved by suing the court.

Creditors should keep specific evidence, such as arrears. If repeated normal reminders are still ineffective, they should bring a lawsuit to the court within the limitation of action to seek a solution. If the debtor's whereabouts are unknown for two years, the interested party may apply to the people's court to declare him a missing person. The property of the missing person is kept by his spouse, parents, adult children or other close relatives and friends, and he can still bring a lawsuit to the court at this time.

1. The limitation of action for arrears of payment is three years.

2. For the IOUs with the date of payment, the limitation period of action shall be counted from the date indicated.

3. If the date of repayment is not specified, the limitation of action shall be calculated from the day after the debtor issues the IOU.

4. If the debtor reprints the IOUs that have exceeded the limitation period for payment disputes, the limitation period will start again.

Legal basis: Article 119 of the Civil Procedure Law of People's Republic of China (PRC) must meet the following conditions: (1) The plaintiff is a citizen, legal person and other organization that has a direct interest in the case; (2) Having a clear defendant; (3) Having specific requests, facts and reasons; (4) Belonging to the scope of civil litigation accepted by the people's court and the jurisdiction of the sued people's court.

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