From Bank Disputes to Cheque Bounce Cases: Why You Need the Right Legal Advisor
Banking disagreements may be complex
As a business owner or
borrower, or even an individual with personal finances you may find yourself in
an inconvenient situation when involved with banks. Whether it is the misled
money, a loan not paid off or a cheque returned, one minor setback can get you
entangled in legal matters.
This is where a legal advisor for bank
matters becomes valuable. They make you aware of your rights, work with the
paperwork, and serve as your representatives in case the case reaches the
court.
When Cheque
Bounces, Take Action
A bounced cheque does
not only constitute a money problem, but it is also a criminal offence as per
Section 138 of the Negotiable Instrument Act. In case you receive a cheque that
is returned due to insufficient funds, you are required to take immediate action,
i.e. a legal notice within a period of 30 days and a complaint in case of no
payment.
A cheque bounce lawyer will
guide you through this process. They understand presentation of the notice,
presentation of case in court, and pursuit of recovery or conviction; depending
on what you wish.
Why it is
Important to Select the Right Lawyer
There are many cheque bounce lawyers, but
the right one will focus on your case, advise you on options (including
settlement), and make sure deadlines aren't missed. Good legal advice is time,
money, and stress-saving both to banks and the individual.
FAQs
Q1. Can a
legal advisor for bank matters help with cheque bounce issues?
Yes, whether it is
about loans, EMI disputes or repeated defaults.
Q2. What does
a cheque bounce lawyer do?
Writes legal notice,
files the case, manages hearings and negotiates settlements.
Q3. Is there
no other way other than court?
Not always. Most of
the issues related to cheque bounce are resolved out of court with effective
legal assistance.
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