At Aceptive Legal Consultants, we have a team of professionals who are specialized in debt collection processes. According to the UAE financial laws, it is stated under Article 401 of the Penal code that if a person provides a bounced cheque, he shall be fined for this or may even have to face imprisonment.
As per the UAE laws for financial debt collection, an extrinsic value asset must be shown to the creditor, to make sure that in case of a bad debt situation, his asset can be taken by the creditor.
From dealing with cases that include unpaid cheques to unpaid loans, salaries, and other related practices, our team is well experienced in handling such situations with the utmost professionalism.
Our team possesses a great deal of knowledge related to various organizations and the market that is necessary when dealing with Debt Collection Services in the UAE, thus making us one of the better options for the aforementioned in comparison to other firms dealing with the same.