Execution notice XXX, you are in default of trial under the condition of installment financial default. Now you formally apply for property preservation and freeze the bank account in your name?

The enforcement notice means to tell you that the other side of your case has applied to the court for enforcement. If you don't perform automatically, the court can take compulsory measures against you. According to the provisions of China's Civil Procedure Law, if loans overdue is not sued by the creditor, the court can make a default judgment if the debtor does not appear in court, and the debtor will bear the adverse consequences of the judgment.

According to Article 1 of the Provisions of the Supreme People's Court on Several Time Limits for People's Courts to Handle Execution Cases, cases where the person subjected to execution has property available for execution shall generally be settled within 6 months from the date of filing the case; Non-litigation enforcement cases should generally be settled within 3 months from the date of filing. If it is necessary to extend the execution period under special circumstances, it shall be reported to the president or vice president of our hospital for approval. The application for extending the execution period shall be filed within 5 days before the expiration of the time limit.

Loans overdue should actively cooperate with the negotiation when being urged to pay money and should actively respond to the lawsuit. The court will only support the principal and legitimate interest of the loan, and repayment through the court will also protect the borrower, which will not lead to a default judgment, but the consequences he needs to bear will be heavier.

The so-called execution refers to the people's court's act of putting into practice effective legal documents such as legally effective judgments and rulings. It also refers to the activities of implementing the contents determined by effective legal documents such as court judgments and rulings according to law, and changing the execution during the execution process. According to the provisions of Chapter 22 of the Civil Procedure Law, the usual enforcement methods and means of the people's courts in China are as follows: First, inquire, freeze and transfer the deposit of the person being executed. Second, detain and extract the income of the person subjected to execution. Third, seal up, detain, auction and sell off the property of the person subjected to execution. Fourth, search the hidden property of the respondent. Fifth, the respondent is forced to deliver the property specified in the legal document. Sixth, the respondent is forced to move out of the house or withdraw from the land. Seventh, the act of executing the provisions of legal documents. Eighth, compulsory double payment of debt interest and overdue payment during overdue performance. Ninth, the relevant property right certificate transfer procedures are compulsory.