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Moheb Hassan

Moheb Hassan

Lawyer

الأسئلة المجابة 63652 | نسبة الرضا 98.2%

Lawyer

i already send a question but did not receive any...

تم تقييم هذه الإجابة:
i already send a question but did not receive any reply. Just wanted to check if you can advice me about LOAN SHARKS

إطرح سؤالك

إجابة الخبير: Hekmat Salem

Hekmat Salem

Hekmat Salem

Accountant

الأسئلة المجابة 24544 | نسبة الرضا 97.9%

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If you want to obtain a loan through one of the banks, it is possible that you will be given the required documents, but I do not know of any people who provide loans in UAE or in any other country personally

الرد من العميل

sorry for the confusion, i wanted to seek advice as LOAN SHARKS wanted to file againts me for bounce chequei wanted to know what will happen to me

إجابة الخبير: Moheb Hassan

Moheb Hassan

Moheb Hassan

Lawyer

الأسئلة المجابة 63652 | نسبة الرضا 98.2%

It is not possible to allow you to travel and return to your country, except after paying the full amount of the loan.
You have to check with the bank to negotiate with him on the way to pay off the loan amount, in order to avoid the bank taking legal procedures against you in addition to banning you from traveling.

الرد من العميل

i dont owe anything in the bank, i only borrow with people with high interest like 35% or more, they are called LOAN SHARKS

إجابة الخبير: Moheb Hassan

Moheb Hassan

Moheb Hassan

Lawyer

الأسئلة المجابة 63652 | نسبة الرضا 98.2%

You have to negotiate with the creditor
This is to avoid a judgment of imprisonment or a fine, according to the provisions of Article 401 of the UAE Penal Code.
Here is the text of the UAE Penal Code, related to your inquiry:
Article 401
Anyone who badly gave a check that does not have a sufficient fulfillment of an existing and withdrawable or recoverable after giving the check all or some of the compensation so that the remainder does not fulfill the value of the check or the order drawn on him not to exchange it, or who deliberately edited or signed it in a manner that prevents whoever spent it.
He shall be punished with the same punishment from someone who appears to another person or delivers a check to his bearer, knowing that the check has no standing consideration that meets its value, or that it is not withdrawn.
The criminal case shall be terminated if payment or assignment took place after the crime took place and before a final ruling was made on it, and if that happened after the judgment became final, its execution shall cease.
If the court orders that the checkbook be withdrawn from the convict and prevented from being given new books in accordance with the provisions of Article (643) of the Commercial Transactions Law, the Public Prosecution shall inform this order to the Central Bank for circulation to all banks.
If a bank violates the aforementioned order, then a fine of 100,000 AED is required from it.

إسأل Lawyer

Moheb Hassan

Moheb Hassan

Lawyer

الأسئلة المجابة 63652 | نسبة الرضا 98.2%

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