4 Answers
Since it has already been 3 months since the cheque bounced and you've received a legal notice, it's important to act quickly. If the cheque was issued for a loan or liability, try to settle the dues or negotiate a payment plan with the party to avoid escalation. To protect your house, ensure it is not mortgaged or pledged against the bounced cheque. If there is a risk of legal attachment or recovery proceedings, consult a lawyer immediately to understand your rights and explore legal remedies such as filing a reply to the notice, challenging the case, or seeking a stay order if needed. Prompt legal action can help safeguard your property.
Dear client,
If your cheque has bounced and a legal notice has come, you must act quickly. Reply through a lawyer and try to settle the amount if possible. The cheque bounce case will not directly lead to losing your house. But if the court later orders recovery and you don’t pay, your assets including the house may be considered. To keep your house safe, attend court properly, show willingness to pay, and avoid any action that looks like hiding property. Always take legal advice before doing anything with the house.
I hope this answer helps, in case of further queries, please don’t hesitate to contact us.