What should I do if I receive a dunning notice today after I owe the bank mortgage for half a year?

I owe the bank a mortgage for half a year. I received a reminder today. Pay it back quickly, or I will enter the litigation auction procedure.

General banks deal with overdue mortgages in the following ways:

In the first month, if loans overdue, the bank will inform the buyers. Because some people are dishonest in repayment, it may be caused by business trips, family changes and other reasons.

In the second month, if the buyer fails to repay the loan within the time limit, the bank staff will come to the door or go directly to their unit for dunning.

In the third month, if the buyer still can't repay the loan, the bank will send him a letter. At this time, it also marks that the disposal of the buyer's property has entered the judicial process. Once in the judicial process, it also means that the buyer's property will be auctioned.