Questions & Answers
How to recover the amount of bounced cheques under the new law?
Hi,
I have a cheque bounce from a person who owes me 63,000 AED. They are two cheques; one for 43,000 and another for 20,000 have bounced.
How can I recover my money? The person continues to ask for more time but it has been 4 months now and I no longer trust him.
Please let me know the timelines, also whether a travel ban will be imposed on him with the recent change in the law (decriminalization of cheque bounce).
Also how much court fees will need to be paid with the new law (with direct execution) and is it recovered from the other party?
Looking for urgent help on this, please!
Dear questioner,
You may take legal action against this person by pursuing to stamp this cheque and starting enforcement procedures including travel ban, arrest warrant, ceasing his assets, and more.
For more information, please contact us via phone.
Dear questioner,
Good morning!
Thanks for your inquiry. Absolutely, we can assist you to recover your money and impose a travel ban against the defendant.
You have to prepare a copy of the original checks together with a return letter from the banks. All copies should be in color.
We will file the case against him and it might take 3-5 days to know how much you should pay against court fees. We will provide you with the link to pay the court fees as well.
Moreover, once the case is registered, we have to notify him to pay your money back. If he did not do that within 15 days, we will be able to impose a travel ban on his name.
If you are interested in the aforementioned, please do not hesitate to contact us directly via phone or email.
Thanks!
Dear questioner,
We need to file execution. The cheques and the return memo from the bank would be needed for this case. Also, note that the cheques validity to file the execution is 6 months. So please do not hold off filing the case.
The court fee would be 2 percent of the claim amount capped at AED 5000.
You can contact us via phone to discuss this in detail.
