In today’s world, there is hardly anyone who does not deal with banks and banking affairs. Performing various banking tasks, such as receiving facilities and how to repay them, may face problems that you need to find an expert Banking litigation lawyer to solve. Since financial and banking cases have their own complexities, not choosing a basic lawyer specializing in banking claims can make you suffer financial losses and other problems; So, if you are also stuck with banking problems, join us to learn more about this type of attorney and its features.
Who is a Banking litigation lawyer?
A bank litigation lawyer is actually considered one of the subsets of a commercial lawyer. This lawyer is an expert in banking matters; That is, he is an expert in all the regulations, rules and regulations related to the bank, banking transactions, facilities, receipts and payments and everything related to banking affairs and can guide his client in this field.
What characteristics should a Banking litigation lawyer have?
All lawyers, both banking and non-banking, must be smart people to be able to understand well the various issues and the relationship between them and provide the best solution for each issue. On the other hand, a professional lawyer must have a suitable expression technique to be able to defend his client well and present his evidence to the court. Along with the general characteristics of lawyers, a bank litigation lawyer must be familiar with all banking rules. These rules are being updated and changed extensively. Therefore, a professional bank lawyer should be able to keep his information constantly updated. He must be able to interpret the new banking and monetary laws well and correctly and use them for the benefit of his client.
What are the duties of a bank litigation lawyer?
In case of banking lawsuits between a person and a bank, a lawyer must appear in law enforcement authorities and legal courts and defend his client’s rights. It is worth noting that the bank claims lawyer is not only responsible for defending the client’s rights against the bank, but the bank, as a real person, must seek help from a lawyer specializing in bank claims after filing claims. The lawyer should collect the necessary information, analyze the information, and perform legal matters related to banking, auctions, and tenders.
One of the important duties of a specialist bank lawyer is to evaluate damage claims and help people to follow the legal path correctly. On the other hand, sometimes some cases do not need a court and legal claims and the problem will be solved by dialogue and agreement between the parties. The resolution of these disputes can also be done by a lawyer. The lawyer should also tell you the possible consequences of the case so that you are fully aware of what you will face if the case fails.
Is the presence of a lawyer mandatory in banking lawsuits?
This question may have occurred to you as well, whether the presence of a bank lawyer is mandatory in the court and in the work process? In response to this question, we must say that according to Iranian laws, the presence of a lawyer is only required in some crimes such as murder, and in most courts, such as financial courts, the presence of a lawyer is not required. Note the important point that not requiring the presence of a lawyer does not mean that you do not need it! Undoubtedly, your banking information and your mastery of banking affairs and its regulations are not so much that you can defend yourself well. Therefore, even though you are right, you may still face failure in the court hearing and lose your capital.
What are bank claims?
Banking lawsuits are financial lawsuits whose parties are natural persons and legal entities, i.e. banks. These lawsuits will usually happen for the following reasons:
– When signing various contracts, people are not very familiar with banking regulations, regulations and resolutions, and they sign contracts that they do not have proper knowledge of.
– In some other cases, bank contracts are concluded unilaterally, or the damage caused by non-fulfillment of obligations is much heavier for a person than is reasonable and principled.
– Some financial institutions also keep banking contracts and legal relationships in the dark for their customers and do not make them clear. Therefore, if there is a problem, it will be difficult for people to receive real salaries.
In rare cases, banks do not consider themselves obliged to comply with banking laws and do not respect the rights of their customers.
Types of banking claims
Due to the complexity of banking laws and of course the variety of different contracts between banks and individuals, banking lawsuits are numerous and diverse. Among these bank claims that you will need an expert bank lawyer to solve, the following can be mentioned:
– Lawsuits of individuals against the bank regarding the difference in the calculation of interest, liability, fines, etc.
– Lawsuits of individuals against the bank for annulment of the bank executive
– Claims of the bank against individuals regarding the demand for cash, promissory notes, checks, promissory notes, etc
– Bank’s lawsuits against individuals to oblige the execution of obligations, such as the pledge of real estate collateral for the collection of claims
– Claims of the bank against individuals for the obligation to prepare the official document of the pledged property
– Lawsuits of individuals against the bank to cancel the bank guarantee
Among the major banking claims, we can mention foreign exchange claims, one-sided agreements with the bank, property mortgage agreements, property appraisals, etc.
When do we need an expert bank lawyer?
In response to this question, we must say that before and after signing financial contracts with the bank, you need a basic lawyer so that everything is done properly and without any problems.
Before signing the contract, you can consult a lawyer specializing in banking affairs and clear all the doubts. You can also talk about all the clauses in the contract and make sure that they are legal and principled; Therefore, the first time you need a banking lawyer is before signing a contract.
The second time is when you have a problem and conflict with the bank and want to complain to the bank. In this case, you will need a banking expert lawyer to file lawsuits and claim your rights.
How much does a Banking litigation lawyer cost?
Like the cost of other lawyers, the cost of an expert banking lawyer can vary according to various factors.
– Undoubtedly, the more complicated and difficult the case is, the higher the cost of pursuing it will be.
– The duration of the case follow-up is another factor in its cost. Some cases have been concluded with only one court session, while others require months of follow-up.
– The bank of the account party is one of the other things that can affect the price of the case. Although the banking laws are the same for all public and private banks, each bank has its own laws that can cause problems in filing bank claims.
Why is it important to use a bank lawyer?
As mentioned in all the above sections, banking claims and the issues arising from them have their own complexities that you are not aware of. Since these lawsuits are about financial issues that may include an important part of your capital, any mistakes and errors can cause you significant financial losses. For example, you may lose the multi-billion property deed that you pledged or have to pay heavy compensations.
Referring to a trusted bank claims lawyer is something you should look for in all your bank claims. Dadista Law and Arbitration Institute is a team of prominent and qualified lawyers and lawyers that you can use their help and guidance in all your banking claims. Currently, there are 15 expert members working in this group, each of them are experts and skilled in different matters. Therefore, if you are worried about your legal case, Dadista can complete your case in the best possible way.