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Waleed Al-Helo

Waleed Al-Helo

Lawyer

الأسئلة المجابة 108892 | نسبة الرضا 98.1%

Lawyer

I have been taken 50,000 QAr loan from commercial...

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I have been taken 50,000 QAr loan from commercial bank for 3 years and paid around 25,000 3 years ago. now i don't have job and money to pay balance amount. What is the punishment in Qatar law if someone not paid loan below 50,000 QAR?
Lawyer's Assistant: Where are you located? It matters because laws vary by location
Doha Qatar
Lawyer's Assistant: Has anything been filed or reported?
i don't know yet.
Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?
i just want to know what is the punishment will be held if i cant pay ?

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إجابة الخبير: Waleed Al-Helo

Waleed Al-Helo

Waleed Al-Helo

Lawyer

الأسئلة المجابة 108892 | نسبة الرضا 98.1%

Dear Customer,
Thanks for joining and trusting us, much appreciated!
We would like to inform you that It should be noted that after reviewing your inquiry and legal scrutiny we would like to provide you with the following:
In the event of defaults on bank loan installments, the Bank will normally send several notices and letters of claim for payment before a final warning is issued before any legal action is taken.
But theoretically, the bank has the right to lodge a complaint with the company or to file a civil lawsuit against you without notice. If the bank sues you, you will receive written court summons to appear before it and advise you to contact the bank directly to avoid any legal action the bank may take against you.
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إسأل Lawyer

Waleed Al-Helo

Waleed Al-Helo

Lawyer

الأسئلة المجابة 108892 | نسبة الرضا 98.1%

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