Is it true that you took a loan from 500 yuan and were told to sue if it was one year overdue?

False, only the notice of court hearing by the court EMS is a formal prosecution document. Generally, this kind of short message or similar lawyer's letter plays two roles:

1. Deterrent and urge one party to fulfill its obligations as soon as possible, hoping to minimize the major issues and not solve the dispute through litigation;

2. As a formal legal document, the lawyer's letter can be used as evidence of the interruption of the limitation of action.

For those who receive a text message or a lawyer's letter claiming to sue, they should generally give a specific reply according to their actual situation:

1. Let's first find out the key points of the dispute between the two sides and find out whether it really makes sense in law.

2. For small disputes, if you are obviously in a weak position, you can consider peaceful negotiation with the other party, and it is also possible to negotiate with the other party about the discount and time of repayment; In addition, the size of the dispute is also particular, how to choose to solve it: for example, if it is unreasonable and the amount of the dispute is large, it is best to choose to solve it through consultation, because the litigation costs are generally borne by the losing party. For disputes with a relatively small amount of disputes, if the other party refuses to make concessions and you let him sue, the extra litigation costs you will eventually have to bear will not be very high, but the other party needs to go through litigation procedures, and they will also feel very troublesome.

3. If there is a big dispute (the views of both sides are incompatible with each other), you feel that your side is reasonable and can deal with it rationally, and everyone can still negotiate and solve it on an equal platform. If it can't be solved, litigation is inevitable.

In a word, a short message or a similar lawyer's letter is just a reminder and urging document, as an introduction, giving both parties an opportunity to negotiate.

If you don't pay the bill for more than 3 months, it will be very serious! If the loan bank collects the loan according to law, it will bring a lawsuit to the court according to the loan contract and guarantee contract (mortgage or pledge contract), and the court will take measures such as property preservation, including freezing the deposits in all bank accounts of the lender and loan guarantor and sealing up the pledged property.

After the judgment is made, the property will be enforced according to law (deducting deposits, auctioning collateral, etc.). ) to repay the bank's loan losses. Specifically, it includes: loan principal, loan interest, overdue interest, penalty interest, and all litigation costs arising therefrom, and related expenses incurred when disposing of pledged property.