What should I do if I owe money abroad?

Those who owe money and don't pay it back, who have fled abroad, still have to prepare evidence to sue in the people's court. If the debtor cannot respond to the lawsuit abroad, the people's court may try it by default. After the court decision takes effect, the debtor may directly apply to the court for enforcement after returning to China in the future.

1. What should I do if the debtor fails to escape abroad?

1. Creditors should keep specific evidence, such as loan receipt. If repeated contacts still fail, they should bring a lawsuit to the court within the limitation of action. First, the limitation of action can be interrupted; Second, the court can decide the default judgment according to the specific circumstances. If the court makes a judgment by default and the defendant returns to China later, he can directly apply to the court for enforcement.

2. You can apply for a payment order. If the creditor requests the debtor to pay money or negotiable securities, which meets the conditions that there is no other debt dispute between the creditor and the debtor and the payment order can be served on the debtor, it may apply to the people's court for a payment order, order the debtor to pay off the debt within 15 days from the date of receiving the payment order, or file a written objection with the people's court. If the debtor fails to raise any objection and fulfill the payment order within 15 days, the people's court may enforce it according to the creditor's application.

2. What are the restrictions if Lao Lai owes money?

1, high consumption restriction instruction

Once the creditor applies to the court for an order to restrict high consumption, the debtor shall not engage in the following acts, otherwise it will be punished by law:

(1) When taking transportation, choose the second-class and above cabins of airplanes, soft sleepers of trains and ships;

(2) High consumption in hotels, hotels, nightclubs, golf courses and other places above the star level;

(three) the purchase of real estate or new construction, expansion, high-grade decoration of housing;

(4) Lease high-grade office buildings, hotels, apartments and other places to work;

(five) the purchase of non operating vehicles;

(6) tourism and vacation;

(7) Children attend private schools with high fees;

(8) Paying high premiums to purchase insurance wealth management products;

(9) Take all seats of G-prefix EMU trains, first-class and above seats of other EMU trains and other consumption behaviors that are not necessary for life and work.

2. Restrictions on going abroad

If foreigners and China citizens have unresolved civil and commercial cases, the people's court may decide to take measures to restrict them from leaving the Mainland.

3. Online shopping is limited

The Supreme People's Court and Sesame Credit signed a memorandum of cooperation on credit punishment for those who have lost their trust.

4. Don't be a boss, director, supervisor or senior manager.

Lao Lai, who has the ability to repay but refuses to repay all or part of the debts due, is listed in the list of people who have been executed for breach of trust by people's courts at all levels in the country, and will be punished by credit. He shall not be the legal representative, director, supervisor or senior manager of any company in the country.

5. Restrict the bidding activities of bidders, bidding agencies, bid evaluation experts and other bidding practitioners.

In general, the way of debt collection also includes applying for a payment order, but the application for a payment order should be based on the premise that the payment order can be served on the debtor. Now that the debtor has fled abroad, the payment order issued by the domestic people's court is basically not received by the debtor. Therefore, the only way to get a debt is to sue.