Posted on

When debt repayment is overdue

What happens when you can’t repay your debt by the due date? It may be associated with drama-like flashy turmoil and intimidation, but the reality is not so violent. However, there is no doubt that if you overdue your debt repayment, you will be mentally cornered. Not without threatening collections, but only some malicious vendors. In general, the law prohibits the collection and lending of cash repayments by gangsters. If a moneylender appoints a gangster as a business aid, he or she will be subject to a fine of up to 3 million yen or imprisonment for more than a year. If the debt is not repaid, the general pattern is that the contractor will call you the day after the repayment date. There is also a gentleman who asks the person himself to act as an agent without giving his company name, and at this stage he is still asked the reason for the delinquency in a normal tone. The purpose of this call is to make you promise when to repay. You can think that it is unlikely that you will wait for more than a week. You will be required to repay within a few days. Calls will be repeated until they are repaid. If the repayment is not paid by the promised date, the same call will be made again and the transfer date will be promised. Telephone attitudes seem to be worse or intimidating for medium or smaller lenders. If you continue to be overdue, you will receive a reminder letter about once a week. By this time, you will be able to check your neighborhood and regular shops, listen to your lifestyle patterns, and collect your visits. You will also be able to carry out background checks and family registrations. If the delinquency continues, the name will be added to the blacklist of the credit bureau as accident information. This information will remain even after you have paid, and you will not be able to pass the new cashing review due to records of 3 months and 12 months overdue. Foreclosure of property is a last resort and is done by proceeding to a court if the debt repayment continues to be overdue in these circumstances. Even if you completely escape from debt, how much interest will you carry on your back? There may be no way to escape except to abandon society and abandon everything.


メールアドレスが公開されることはありません。 * が付いている欄は必須項目です