Legal action by the bank for defaulting on loan and credit cards

Dear Sir/ Madam,

Thank you for getting in touch with me on this.

After reading your query, my response is as follows:

In normal circumstances, upon non-payment of dues, the bank will deposit your cheque and gets it bounced (in case of insufficient funds). Thereafter, the police case will be filed against you.

Upon the police case being filed, your name will be flagged before all government authorities (police, immigration etc). So whenever you will travel to UAE, you will be apprehended and made to pay a fine.

There is a fine because the amount is below AED 200k (individually and not cumulative AED 200k)

I suggest you settle with the bank and close this matter, and when it's done, the bank will withdraw its police case.

You may get in touch with me on 052-9495731 or email on hari@alnassaradvocates.com for further discussion.

I can assist you with settling the dues with the bank and closing the deal.

Regards,

Hari Wadhwana

Dear Questioner,

With reference to your inquiry, kindly be informed that, since you have no intention to return back to Dubai, then, your situation will not be jeopardized, unless the bank has a branch in India, or has referred the issue to a VERY CLEVER collection firm.

As for depositing the cheques, of course, that will happen someday since all the banks go for that option eventually.

And for settling with the bank via paying 50% out of the entire amount, it all depends on the bank itself, and whether it will accept the same or not.

But it's most likely to be accepted. You should try contacting them and offering them whatever you have got.

Kind regards,

Sherif M. ElKhatib