Sue me that my loan is seriously overdue and I have no property to repay. Will my credit card be frozen?

According to Chinese laws, serious overdue of informal online loans may lead to prosecution and recovery. If you have no property to recover, under normal circumstances, the judicial organ will take measures to freeze the relevant property to execute the judgment. Credit card, as a form of property, may also be frozen during the execution procedure.

Detailed description:

1. Irregular online loan is seriously overdue: if the repayment is not made according to the contract and is seriously overdue, the lender has the right to bring a lawsuit to the court and demand compensation.

2. Insufficient property capacity: If you really have no property or income to pay the arrears, you can apply to the court for personal bankruptcy through legal channels and seek economic relief.

3. Freeze the credit card: According to the execution procedure, the court can seal up and freeze the property in your name, including bank accounts, deposits, credit cards, etc. However, whether the credit card will be frozen depends on the specific case and implementation procedures.

4.Netdome data query credit big data: It is suggested that users can query personal credit big data information through credit query platforms such as Netdome when facing similar problems, so as to better understand their credit status and risks.

Summary:

When you owe formal online loans seriously overdue, you are sued, and there is no property to recover, the judicial authorities may take measures to freeze related property, including credit cards. Users are advised to know their personal credit status in time and consult professional legal advice when facing similar situations.

Extended data:

According to China Civil Procedure Law and Enforcement Law and other relevant laws and regulations, if the borrower fails to repay the loan amount agreed in this contract on time, the lender has the right to bring a lawsuit to the court for recovery. Once the loan dispute enters the judicial process, the court will take corresponding enforcement measures according to the actual situation to protect the legitimate rights and interests of creditors.