In debt disputes, some debts are difficult to negotiate and even easy to sue. The following three types of debt are of particular concern:
1. Usury.
Usury is a violation of the law, which is not only not protected by the law, but is also punishable by the law. Therefore, if the borrower borrows from a loan shark, not only will he not be able to resolve the debt through negotiation, but he will also be easily sued.
Usury usually appears in various names, such as "cut interest", "yin-yang contract", etc. Although these various types of loan sharks seem to be borrowing modest amounts, in fact the interest rates have exceeded the upper limit set by law. Therefore, borrowers should pay attention to reviewing the interest rate clauses in the loan contract to avoid being victimized by loan sharks.
2. Gambling debts. Gambling debt is also a type of debt that is difficult to negotiate. Since gambling itself is an illegal act, gambling debts are not protected by law. If the borrower is in debt as a result of gambling, then the debt is likely to be considered illegal and cannot be resolved through negotiation.
In addition, if the borrower has multiple debts because of gambling, then it will also be difficult for those debts to be repaid. Because gambling often causes borrowers to become addicted to it and lose their ability to repay. Therefore, borrowers should stay away from gambling to avoid incurring illegal debts as a result.
3. Malicious overdraft of credit card.
Malicious overdraft credit cards are also a type of debt that can be easily sued. If the borrower maliciously overdraws the credit card and refuses to make the payment, the bank is likely to pursue legal action to recover the debt.
Malicious overdrawing of a credit card is an illegal act that can not only have a serious impact on an individual's credit history, but can also lead to criminal liability. Therefore, borrowers should avoid malicious overdrafts of credit cards, and if malicious overdrafts have already occurred, then they should contact the bank in a timely manner and actively repay the loans.
In conclusion, all three types of debt are difficult to negotiate and easy to sue. Borrowers should stay away from these illegal acts and avoid incurring illegal debts as a result.