What will happen if Datang Group owes money?

collection, litigation, arbitration, guarantee and credit record.

according to the relevant information in the financial sector, if Datang Group fails to pay back the arrears, the following treatment methods will be triggered:

1. Collection: creditors will collect the arrears by telephone, SMS, email, etc.

2. Litigation: If the collection fails, the creditor will bring a lawsuit to the court to recover the arrears through legal means.

3. Arbitration: If both parties have an arbitration agreement, the creditor will apply for arbitration to an arbitration institution to settle the dispute through arbitration.

4. guarantee: if Datang group has a guarantor, the creditor will ask the guarantor to assume the guarantee responsibility and recover the arrears.

5. Credit history: The arrears will not only affect the credit history of Datang Group, but also affect its future financing and business activities.