Can't private lending still be sued in court?
Can't private lending still be sued in court? If the private loan is not repaid and it is not repaid after the agreed repayment period of the loan expires, it may file a lawsuit in the court and apply to the basic people's court with jurisdiction for a payment order. According to Article 214 of the Civil Procedure Law of the People's Republic of China, a creditor may apply to the basic people's court with jurisdiction for a payment order if the following conditions are met when requesting the debtor to pay money or securities: (1) there is no other debt dispute between the creditor and the debtor; （2） The payment order can be served on the debtor. The application shall clearly state the amount of money or negotiable securities requested and the facts and evidence on which it is based. Article 215 After the creditor files an application, the people's court shall, within five days, notify the creditor whether or not to accept it. Do you understand this explanation?
