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I gave a blank cheque to a loan shark and he bounced the cheque after I paid everything

I gave a blank cheque to a loan shark as security. After I paid him everything he said I need to pay AED 1000 more.

Now he bounced the cheque and going to file the case for AED 15000. What should I do now?

متميز
الدكتور محمد الحمادي للمحاماة والاستشارات القانونية
دردشة
توظيف
اجتماع
27 Feb 2023, 09:05

Before he opens an execution file, you need to serve him a notice to warn him not to use the Cheque and return it back to you.

If he opens the case, you can submit your objection.

27 Feb 2023, 09:06

Please contact us via Whatsapp for further legal assistance.

ليلى حمزة الملا محامون ومستشارون قانونيون
دردشة
توظيف
اجتماع
27 Feb 2023, 09:24

The cheque is treated as an independent financial bond, regardless of the reason for which it was concluded unless there is an agreement concluded explaining the reason for the cheque and its number.

Therefore, it is preferable to resolve the matter amicably or to hire a lawyer, which is a costly matter for you.

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