Questions & Answers
Questions & Answers
3 available 3 • View allSettlement of a bank loan by paying the fine
4
Q: Hello,
I would like to inquire about the fine for not paying my outstanding personal loan. My outstanding loan amount is AED 95,000 and I don't have money to repay this loan.
I came to know that there is no jail term if we do not pay the loan. I read somewhere that you just have to pay the fine which the bank will impose on you and that's it.
I would like to settle this matter with the bank by paying the fine. Can you please advise how much fine roughly I have to pay to settle my loan.
My bank is E.I.
Thank you in advance!

Feb 14, 2019
1923
Legal action by the bank for defaulting on a loan after losing job

1
Q: Hi,
I am looking for expert legal advice.
Someone has defaulted on a loan payment of AED 250,000 and unable to pay due to job loss, currently residing in the home country.
What legal actions can the bank take in the UAE and home country against him?
Thanks for your valuable advice.


Nov 5, 2020
478
Bank cheque bounce case for credit cards and loan
5
Q: Dear Sir,
I have credit cards and loan from different banks, almost 200k.
Suddenly, my company is not able to pay the salaries for 3 months and my minimum payments are getting late and receiving calls from banks. All banks have my cheques.
What will happen now if the banks present my cheques?

Jul 8, 2018
5091
Legal blog
3 available 3 • View allBounced Cheques in the UAE: What You Need to Know in 2024 291
In the UAE, cheque bounce is a very frequent problem faced by people during their span in the country. It is covered under the purview of Commercial Transactions Law, and legal implications/penalties can be financially severe and daunting for more “serious” offenses. Bounced cheque issues may arise in a variety of commercial transactions, including but not limited to, companies’ exchanges, bank loans, property rents or purchases, and individual transactions.
Oct 15, 2024
221982
Online POA and Other Notary Public Services in the UAE 28
With the introduction of the new procedures for obtaining a power of attorney (POA) remotely in the UAE, after it was mandatory to appear in person in front of the notary public as a global rule to ensure the identity and intention of the person requesting a POA, we put between your hands this brief guide for how you get it done.
Jun 8, 2021
19182
Bounced Cheque Cases & Cheque Execution in Dubai as per the New Law 9
What shall I do if I have a bounced cheque? You need to contact your lawyer as soon as possible to issue a travel ban against the person who issued the bounced cheque. It should be noted that time plays a very important role in bounced cheque cases.
Aug 15, 2022
893
Laws & Regulations
2 available 2 • View allFederal Law No. (3) of 1987 Promulgating the Penal Code 29
This Law promulgates the Federal Penal Code (Criminal Law) of the United Arab Emirates. Crimes and chastisement punishments shall be determined in accordance with the provisions of this Law and other penal codes.
Dec 8, 1987
47908
Federal Law No. (5) of 1985 On the Civil Transactions Law of the United Arab Emirates 96
The provisions of this law, promulgating UAE Civil Code, govern the civil transactions in the United Arab Emirates. The commercial transactions remain subject to the laws and regulations applicable in their regard.
Dec 15, 1985
148375

Premium
Other answers by
1585 1585 answers •
View allCan a Pakistani expat register a second marriage in the UAE without disclosing the first? 0
Hello,
I want to know the UAE rules regarding second marriage for expats. I am a Pakistani national and already have a wife back in my home country.
Now, I want to do a second marriage in the UAE with a Moroccan girl. Can you please let me know the procedure involved?
Can I get my marriage registered in the UAE? Is it mandatory to disclose the first marriage? I am on an employment visa in Dubai.
Apr 7, 2025
133
Missing business partner since 2003. What to do about his share in the LLC? 0
Hello,
I am a manager of an LLC company with 25% share. In February 2003, a partner joined the company with a 25% share.
After two months, he didn’t like the company and left. After two years, we did not know where he was. We just heard that he left to Tunisia before his visa expired.
What to do with his 25% share, please?
Apr 7, 2025
127
I got a work permit and entry from a Dubai employer for work. What documents do I need to carry? 0
I got a work permit and entry from a Dubai employer for work.
During the travel to Dubai, do I need to show any accommodation proof, return ticket, or anything?
What documents do I need to carry?
Apr 14, 2025
25
My company has filed a case against a client for failure to pay and bounced cheque. How to follow up? 0
Hello.
My company has filed a case against a client for failure to pay and a bounced cheque. The client's company is registered as a virtual office in the Creative City Free Zone in Fujairah, so our case is filed there.
The client basically purchased some equipment from us, and his payment via bank transfer did not go through and was rejected. Then, when we deposited his security cheque after multiple attempts to contact and no answer, the cheque bounced.
The company is under his wife's name, and we have filed a case on the same.
The court has accepted our application, however, they have instructed the execution bureau to get the Emirates ID of this authorised signatory. The bureau is asking us to get it, and we have no way to do so, unfortunately.
Without the Emirates ID, the court cannot freeze the bank accounts or put a travel ban, etc.
What are our options here?
Apr 14, 2025
13
I received a legal notice to pay rent and cleared the amount. Can the landlord ask me to pat late fees penalty? 0
I received a legal notice to pay rent.
I have already cleared the amount specified in the legal notice, but my landlord is now saying that I also need to clear further late fees as per our contract within the legal notice time period.
Is that valid if it is not stated in the notice?
Apr 14, 2025
10
Get quotes from lawyers
Find the right lawyer for your legal needs.
Submit your request and get multiple
competitive offers from
qualified lawyers.
Popular Q&A
View all Looking for something else?
Ask for advice from a lawyer