1. Make repayment plan. According to their own economic ability, formulate a reasonable repayment plan, gradually repay debts, and avoid default and overdue repayment. You can consider paying off usury or high-interest loans first, and then gradually paying off other debts;
Step 2 ask for help. If you can't repay your debts, you can ask your relatives and friends for help or apply for loan repayment from the bank. You can also apply for loans from credit institutions for debt restructuring or debt negotiation;
3. cut expenses. We can find room for saving from living expenses, reduce unnecessary expenses, and save expenses to pay off debts. You can consider reducing entertainment expenses, catering consumption, shopping expenses, etc.
4. Increase income. You can increase your income by working overtime, finding a sideline, renting idle houses, etc. , so that you can pay off your debts;
5. Seek legal aid. If the debt dispute is complicated, you can seek legal aid and seek legal ways to solve the debt dispute.
The principles for handling the debt of 70,000 yuan include the following aspects:
1, repay the arrears in time. If you have the ability, you should repay the arrears as soon as possible to avoid increasing interest and fines for long-term arrears;
2. Make a repayment plan. If you can't repay the arrears in one lump sum, you should make a reasonable repayment plan and gradually repay the arrears to avoid overdue repayment and arrears accumulation;
3. Avoid getting into debt again. While repaying the arrears, we should avoid re-indebtedness, so as to avoid further deterioration of the debt problem;
4. Deal with debts legally and in compliance. In the process of dealing with debts, we must abide by laws and regulations and do not take illegal or improper means to repay debts;
5. Seek professional help. If you can't deal with the debt problem effectively, you can seek the help of professionals, such as consulting lawyers and financial advisers, and seeking professional advice and guidance.
To sum up, if you owe 70,000 yuan, you need to make a reasonable repayment plan, seek help, cut expenses and increase income to solve the debt problem. At the same time, self-management should be strengthened in the repayment process to avoid falling into debt trouble again.
Legal basis:
Article 123 of the Civil Procedure Law of People's Republic of China (PRC)
The people's court shall ensure that the parties enjoy the obvious right to sue in accordance with the law. A lawsuit that conforms to Article 119 of this Law must be accepted. Those who meet the conditions for prosecution shall file a case within seven days and notify the parties concerned; If it does not meet the conditions for prosecution, it shall make a ruling within seven days and refuse to accept it; If the plaintiff refuses to accept the ruling, he can appeal.
Article 244
If the person subjected to execution fails to perform the obligations specified in the legal documents according to the notice of execution, the people's court has the right to seal up, detain, freeze, auction or sell off the property that the person subjected to execution should perform. However, the necessities of life of the person subjected to execution and his dependents shall be retained. If the measures mentioned in the preceding paragraph are taken, the people's court shall make a ruling.