Questions & Answers
Questions & Answers
7 available 7 • View allProving the actual amount in a bank case for a personal loan 
3
Q: Dear Madam,
I took a personal loan from a bank for AED162,000/- and paid AED 139,000/-. Now, the balance is 84,000/- (with interest).
I received information that the bank has filed a case for AED 219,000/-. I did not pay the monthly EMI of AED 4,538/- for more than 6 months due to job loss.
How is the bank filing a case for 219,000/- instead of the actual amount?
What is the procedure to reply to the bank against this case?
Please advise.
Thanks and regards,
S.

Mar 26, 2019
1543
Clearing a case for a loan or credit card after payment of fine
16
Q: Is it true that the new rules say that paying a fine (which is 10% of the total loan) for not paying loans/credit card or bounced cheques will get someone cleared from loan/debt cases?
After paying the fines, will a police clearance be issued and there is no more obligation to pay the previous loan amount now?
If for example, someone owes the bank a total of AED 35000 late payments and interest, the person only pays a fine of AED 3500 and the case is cleared?

Oct 16, 2018
6169
Claim against the bank for presenting a forged cheque of the client

1
Q: Dear Sir,
I had taken a personal loan from a bank of AED 173,000 in 2016 and was paying on time until I lost my job in 2018. The total I paid back is AED 173,875.64, and balance to pay is AED 42,986.90
Currently, I don't have a job and after three months of pending instalment since July 2019, the bank collection agent started calling and saying they will bounce the security cheque.
On 8th Oct they had deposited the cheque and bounced and later I saw in internet banking that the cheque number deposited was different from the one which I had signed during the application process.
As I have the copy of cheque with me, I talked to the agent after that and they insisted that it was the cheque that I signed and they aren't giving me more clarification on that.
Kindly advise, what if they go for a case of the deposited cheque with a different serial number?


Oct 10, 2019
1395
Civil case by the bank claiming cheque amount more than the original debt
0
Q: Cheque bounce cases do not end by paying a fine in the Dubai police station. Dubai civil court gives judgment in absentia for cheque amount + 12% interest.
The civil court execution department put a travel ban and you get arrested at the Dubai airport/your office/home and you stay in jail until you honor civil court judgment.
Banks do not negotiate or talk about this stage.
What to do if you do not have money to pay civil case judgment of cheque amount + 12% interest?
How to get out of this problem?

Apr 8, 2021
984
We are late for rent in a hotel apartment. Is it legal to deposit a cheque for a higher value?


1
Q: We live in a hotel apartment in Bur Dubai which is closing down on March 31, 2023. We have always paid our rent on time.
However, we have dues of AED 22147.27 as of the date and they have an undated cheque of AED 28936 with them from us.
We promised them we will clear the dues between the 15th and 18th of this month, maximum by the 20th, and leave.
They are insisting on depositing the cheque by this evening even though for a higher amount and threatening further action.
Our questions:
1. Can they deposit a higher value cheque when the dues are much lesser?
2. What is the action open to them - can they evict us and if so, how soon?
3. We will clear the dues between the 15th and 18th, maximum by March 20, 2023, and they are not listening to the same. If we clear these dues and give our commitment in writing, can they still enforce action today/tomorrow?
Kindly advise.



Mar 14, 2023
130
How to settle the credit card payments with the bank that demands a lot more?


0
Q: Hello,
Some time ago I took a credit card with AED 15,000 credit limit. I ran into financial issues and the bank gave a cheque to the police and I paid the fine.
Now I want to settle and close this with the bank. I spent AED 7,500 on the card and I already paid AED 25,000 to the bank because of late payment fees, interest, over-limit charges, etc.
But the bank is demanding an additional AED 25,000.
Does that mean by spending AED 7,500, I have to pay the bank AED 50,000???
Is this allowed by the bank because it seems very unfair?
How can I resolve this issue?



Apr 3, 2023
119
How can I settle a small loan that has grown a lot through the years?

1
Q: Hello Dear All,
I need legal advice please here. I don't have money to pay for a private lawyer as I'm currently not working. My situation is really bad.
When COVID-19 started, the company I worked for haven't paid me my salary and I have to take an evacuation flight to fly home.
I took a loan from a bank of AED 2750 and through the years it has grown to a crazy amount I will never be able to settle.
I offered the bank to settle AED 2750 amount if it's a few payments monthly, but not a straight one-time payment because I have no job.
But they only want a one-time payment and are not willing on negotiating with complete ignorance of my messages.
I was in touch with the bank and agency messaging me from time to time to settle the liability, and they currently messaged me that the bank is placing a travel ban against me.
They didn't explain what is the travel ban and which country it affects or how is it going to work.
Could anyone explain, please?
I'm lost and I don't know what to do.


Jul 31, 2023
199

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