i have a UAE debt and had been informed that a case will be opened against me and a travel ban instituted. My current income is low, I am not in the UAE, and the amount that I can afford to pay, amounts to ae207. the debt collecting agency from the emirates find this unacceptable, but i cannot afford more
is there a statute of limitations on old debt in Dubai? the loan was taken in 2007, and I have not heard from them since then, till early this year?
To my knowledge I am not aware of a statute of limitations or a period of time after which a debt in UAE is time barred, however over the years and in doing some research I have received conflicting reports. There seems to be a consensus that 15 years is what the civil code there states, but it may be best to get legal advice from someone who knows the laws there.
Still, as the loan is five (5) years old, I doubt it fits any criteria at this time for being time barred.
If you cannot afford to pay the debt, you cannot afford it. I would advise not traveling to or through the area if indeed a warrant has been issued.
I hope this in some way helps.
What is the Statute of Limitations for Old Debt in Dubai? - Sharon by Jon Emge
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