What should I do if I receive a letter from the bank?

It is your top priority to repay the loan immediately after receiving the collection letter from the bank. If repayment is really difficult, you can apply for deferred repayment or negotiate repayment. The so-called negotiated repayment means that only a part of the funds can be repaid.

You should deal with the debt problem after receiving the bank's collection letter. Details are as follows:

1. After receiving the collection letter from the bank, we must face up to the repayment problem and stop taking a negative attitude. After the bank sends a reminder letter, it can take litigation measures;

2. After receiving the collection letter from the bank, you can take the initiative to communicate with the bank to show the current situation and apply for an extension of return;

3. After receiving the collection letter from the bank, if there is any real estate, you can provide the real estate mortgage to the bank to re-sign the repayment agreement.

The structure of a dunning letter generally consists of five parts: title and number, name and account number of the dunning and arrears unit, dunning content, handling opinions and signature. A dunning letter is a dunning tool, which is a notice used by the payer or individual when the payment is overdue. The purpose of sending a reminder letter is to collect money from the defaulting party. In the process of writing, the dunner must make clear the contents of the dunning letter, especially the time, amount, bank account number and final payment period of the dunner, so as to facilitate the repayment of the defaulting party and protect the legitimate interests of the dunner to the maximum extent.

legal ground

Article 394 of the Civil Code of People's Republic of China (PRC) provides a guarantee for debt performance. If the debtor or the third party does not transfer the possession of the property and mortgage the property to the creditor, the debtor fails to perform the due debt or the creditor has the right to be paid in priority for the property. The debtor or the third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property that provides guarantee is the mortgaged property.

Article 71 of the People's Republic of China (PRC) Negotiable Instruments Law, after the payment is made in accordance with the provisions of the preceding article, the person against whom the right of recourse is sought may exercise the right of recourse against other bill debtors and request them to pay the following amounts and expenses:

(1) Total amount paid off.

(2) Interest calculated on the amount listed in the preceding paragraph from the date of settlement to the date of settlement according to the interest rate stipulated by the People's Bank of China;

(3) the cost of giving notice.

After being paid off, the person subject to recourse shall hand over the bill of exchange and relevant proof of refusal, and issue a receipt for the interest and expenses received.