Questions & Answers
Bounced cheque case for a loan after paying the fine
Hi
I have got a call from Dubai Police last week regarding my cheque bounce which I issued to the bank due to default on loan payment on time.
I paid a visit & they referred me to the prosecution & I got fine which I already paid and got clearance.
I want to know if the bank can still file a case against me & I still need to contact the bank for settlement or case clearance.
I am getting too many calls even after that, and the debt collector is actually harassing with the worst behaviour & back to back calls which actually ruined my personal life and put me in depression with high bp.
Thank you
Dear Questioner,
With reference to your inquiry, kindly be informed that as per the given scenario, the case is CRIMINALLY over.
But CIVIL wise, the bank still has the full right to sue you, seeking a judgment ordering you to pay the entire indebtedness/loan amount.
Indeed, you do need to contact the bank so as to reach an amicable settlement satisfactory for both of you.
As for the calls received from the Debt Collectors, that is so common and no one can help in that regard at all.
Kind regards,
Sherif M. ElKhatib
