Questions & Answers
How much of salary does the court demand for cheque execution?
Dear Lawyers,
In case of cheque execution due to insufficient funds, how much of the salary does the court demand as a monthly installment?
Is it the full salary, or can the person afford to pay excluding their monthly rent and bills?
The court will consider the debtor's financial situation, including income, expenses, and liabilities.
The court will then ask to deduct a percentage from your salary after considering all these factors.
You can also make a request to the court to convince the judge.
If you need further clarification, you may contact us.
Dear Questioner,
In cases of cheque execution due to insufficient funds, the court typically assesses the individual's financial capacity and may consider a percentage of the salary in monthly installments.
The exact percentage can vary based on the specific laws and regulations of the relevant jurisdiction.
Additionally, the court may consider the individual's overall financial situation, including expenses such as rent and bills, when determining the monthly installment amount.
It's essential to consult a legal advisor familiar with the specific laws governing debt enforcement in the relevant jurisdiction for accurate and tailored advice.