Editing Debt collection (section)

===United Arab Emirates===

Pursuant to the [[United Arab Emirates|UAE]] laws for financial debt collection, an extrinsic value asset needs to be shown to the creditor or the bank. That makes sure that if the debtor does not pay the unpaid invoices, his extrinsic asset can be taken by the creditor. If the debtor does not provide an extrinsic asset or pay back the financial amount, he is accountable to the civil and criminal liabilities.{{citation needed|date=November 2018}}

According to the UAE financial laws, it is stated under the Article 401 of the Penal Code that if the person provides a [[Legal system of the United Arab Emirates|bounced cheque]], he shall be fined for this criminal activity or given the punishment of imprisonment.{{citation needed|date=November 2018}}

As a creditor, you should communicate with the bank to know if the defaulter lacked funds before the provision of the cheque. If that is true, then a case is filed in the police station against the defaulter, after which they will investigate the matter and referred to the Public Prosecutor office. Also, you should know that the report cannot be filed after six months of the cheque issuance.

The public prosecutor takes the case in its hand and investigates from both sides (creditor and debtor) for clarity of the case of bounced cheque. Upon the investigation, it is then decided if the defaulter has to pay the bail "Kafala" as to pay the amount of the asset of that worth the amount or deposit his passport. If the bail does not happen, then the defaulter is put behind the bars.{{citation needed|date=November 2018}}