أسئلة وأجوبة
Jobless with a loan. What should I do to avoid legal consequences?
Hi, Good Day!
I issued a personal cheque valued at 55k AED to a vendor five months ago. During this time, I paid half of the amount, but currently, I have no job or any source of income to cover the remaining balance.
Despite this, the vendor insisted on depositing the cheque, which they did. Now, they claim it was rejected due to an unauthorized signature, although I believe everything was done correctly.
What can I do to resolve this if they decide to take legal action against me?
I currently don't have the funds to pay, and I've informed them that I need more time to settle the matter.
Kindly advise!
Dear Questioner,
There are several possibilities in this particular situation.
Even if they file for execution, it is based on a guarantee cheque. Therefore, there are chances to defend against it in court and file an objection.
Additionally, there are possibilities to negotiate with the opposing party to reduce the amount and arrange a settlement with easy payment options.
We can provide you with this service. Please share your WhatsApp number if you are interested in our services.
Dear Questioner,
In your case, there are two remedies:
- Resolve the matter with the vendor by emphasizing your willingness to address the issue but acknowledging your immediate inability to pay the full amount.
- If the vendor is not willing to resolve the matter in this way and takes it to court, you can approach the court for a fair payment plan by submitting supporting documents that show your financial situation.
If you need our assistance in representing you in court, please share your WhatsApp number.
Dear Client,
Thanks for your question! I hope you are doing well. I will assist you in this matter.
If your cheque was deposited and rejected due to an "unauthorized signature" claim, maintain open communication with the vendor, verify the signature, and request a bank statement for evidence.
Negotiate a settlement or payment plan with the vendor, and consult with us if needed to understand your rights. Document all communications and seek mediation if negotiations stall.
For any further legal assistance, you can WhatsApp us. We have an extensive team of knowledgeable and experienced lawyers to provide the legal assistance you need.
We will be happy to help you.
Thanks & Regards,
ABDUL WAHIED
