Questions & Answers
Consequences of defaulting on several financial obligations
Hi Mr Naser,
Thanks for your fast response. We are based in Abu Dhabi.
Q.1 As we know that for a rent cheque bounce after the police case is closed and the civil case is opened, will the judge decide on the amount for instalments in this civil case? Won't he consider what we say how much we can pay?
Q.2 During eviction case, when the rent/lease expires and since the lease is now connected with Tawtheeq which expires as well, will ADDC cut my electricity during this time?
Q.3 My friend has a bank loan of AED 60K approx from a bank here in the UAE and he did not pay for the last 7 or 8 months. This bank has a branch in Pakistan.
If he travels to Pakistan due to an emergency and the bank proceeds with its action, what action(s) will that be? (So far no action from the bank)
Q.4 If he goes to Pakistan, what will be the consequences for an already running civil case of a bank loan default?
Q.5 for a credit card security cheque bounce, can a bank directly file a civil case?
1. Yes, the judge will accept your instalment plan, but you should be represented by a good lawyer who can present your case accurately.
2. They will not cut your electricity unless the court execution order is received in favour of the landlord even if the lease is expired.
3. The Pakistan branch can make a trouble for him there, there is now a lot of international cross-border cooperation between banks to chase defaulters and people who run away. The bank can file criminal and/or civil case.
4. Yes, the bank can directly file a civil case.
