I have been working in Dubai for almost 5 years , i left on Jan 2012 , cause they terminated about 50 staff including me then i got two jobs offer but in that time they were not issuing iqama for Egyptian nationality so i left back to Egypt,
I had a credit card from rak bank , mashreq , citi, fgb , and car loan and 1 personal loan i am not paying since i left , i have to pay about 38000 dhs for the p.l and the car loan about 38k aswell and for the credit cards about 60k , now i am trying to collect that amount from here to go back to Dubai by vist visa and settle the credit cards and i dunno if they will accept to reschedule the personal loan and the car loan or not ???
And do u think there is any risk if i got that amount and go to Dubai again ??
Your desire to attempt to work out a solution for these past debts is admirable. I applaud your willingness to resolve them.
Considering the fact that defaulted loans in the UAE and Dubai can have such dire consequences, like the confiscation of your passport at the border or even possible jail time, I would suggest that rather than going back to Dubai to deal with this that you either deal with the banks directly from where you are or hire a local Dubai attorney to act as your representative and attempt to negotiate a repayment plan you can meet.
I admit that my advice probably errors on the side of being extremely cautious but when it comes to UAE debt the downside is very severe.
Alternatively, if you insist in traveling back to Dubai, then I would still contact a local attorney to make sure there is no police case open against you before you travel there.
Please post your responses and follow-up messages to me on this in the comments section below.Should I Go Back to Dubai to Negotiate a Settlement for My Debt? - Mohamed by Steve Rhode