أسئلة وأجوبة
Bank filed a civil case over a loan: Better to settle with the bank or in court?
Good day, Sir,
I have received a message from the Dubai Court stating that a bank has filed a civil case against me. The loan has been pending since February 2019.
I cleared the cheque bounce case earlier with a court fine in 2019. I am looking forward to a minimum settlement plan with the bank. The outstanding amount was around 70,000 AED, and now the message is for 115,000 AED.
What will be the best way for me to proceed: approaching the bank or dealing with it in court?
Best regards,
Try to approach the bank first then the court.
Hello,
While you cleared the bounced cheque issue, contact the bank and propose settling the outstanding balance, explaining that you have already resolved the case.
Try negotiating a settlement with the bank first, and if that fails, we can deal with it in court.
If you need our assistance, please share your WhatsApp number.
Dear questioner,
It is advisable to consider a settlement plan with the bank to resolve the outstanding amount. This can potentially help in avoiding further legal complications and reaching a mutually agreeable solution.
You may consider initiating contact with the bank to discuss the outstanding amount and explore the possibility of a settlement plan. Banks often prefer to resolve such matters amicably rather than through prolonged court proceedings.
When approaching the bank, you can negotiate for a minimum settlement amount that you can afford to pay. It is essential to have a clear understanding of your financial situation and propose a realistic repayment plan.
Our team has a proven track record of successfully resolving similar situations. If you'd like to explore your options, feel free to contact us via email.
We can discuss your situation in detail and answer any questions you may have.
Sincerely,
Dear Questioner,
Thanks for your inquiry!
Regarding the above, we would like to inform you that, it is always best to try to negotiate a settlement with the bank first before going to court.
You can contact the bank and explain your situation and see if they are willing to work out a payment plan or reduce the amount owed.
If they are not willing to negotiate, then you may need to go to court. However, it is important to note that if you do go to court, the judge may order you to pay the full amount owed plus any additional fees and interest.
It is always best to try to resolve the issue outside of court if possible.
Kindly feel free to contact us via phone or email for further guidance.
Greetings,
Dear Questioner,
It is best to first try to approach the bank directly to negotiate a settlement plan for the outstanding amount.
Communication is key in these situations, so it is important to be honest about your financial situation and explain your willingness to repay the debt.
The bank may be open to a payment plan or reduced settlement amount.
If you are unable to reach a satisfactory agreement with the bank, then you may need to seek legal assistance and deal with the matter in court.
It is important to address the issue promptly to avoid further legal consequences.
It is also advisable to seek guidance from a legal professional who can provide you with the best course of action based on your specific circumstances.
Remember to stay calm and cooperative throughout the process to reach a resolution that is mutually beneficial.
