Debt Collection

In the UAE, the term “insolvency” refers specifically to individuals who are unable to meet their debt obligations. This concept is distinct from the Personal Insolvency Law in the UAE, which does not apply to traders or legal entities such as companies or institutions, regardless of their commercial activities. For comprehensive legal assistance with personal […]

If someone issues a cheque in your favor, which you cannot cash due to it being returned by the bank, this is referred to as a bounced cheque. What is The Bounced Cheque in UAE Law? In UAE law, the bounced cheque is defined as one issued by the drawer in favor of the beneficiary