I’m in a rather difficult predicament. I’m currently in Dubai and due to having lost my job I’m no longer going to be able to afford to pay the monthly instalments on my credit card debt as well as on a personal loan I was forced to take out due to the Dubai law whereby one has to pay a full year rent upfront.
I’m not going to sit around and wait for someone to knock on my door and arrest me for defaulting. I’m planning on jumping on a flight out of the UAE before the week ends.
I will try and start repaying what I owe, even if in very small amounts, as soon as I am settled and found a new job back home. My only concern is: Could they go after me even if I am no longer in the country? Many people I know have found themselves in the same situation I’m in and have had to leave even if they did not want to, but the law is such here that we are left at a loss for choices. Thank you for your time. I’m not a fraudster, things just didn’t work out the way we were hoping due to the economic meltdown.
Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for loads of practical advice, tips, and help to beat back debt. – Click Here
The AnswerI'm Worried I'm Going to Get Arrested For My Bad Debt in Dubai and Sit in Jail for a Long Time. - William by Steve Rhode