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Dubai / UAE

Bank in Dubai Wants Me to Come Back

dubai-beaches

“Dear Jon, I am currently living in Italy, the bank offered me to restructure the debt as long as I can give a guarantor in the UAE and come back to sign ”paperwork” to Dubai . Of course in JAIL! i got very upset, almost sounded like a joke. Please let me know what can be done under EU legislation ... Read More »

I Was a Doctor in Dubai But Had to Leave With Debt. What Now?

afraid alone

“Dear Jon, Hello, Recently I was diagnosed with a very serious disease that lead termination with my employer in Dubai which revoked my medical license to exercise the privilege of working for them and residing in the UAE. I left Dubai with a loan of around 550,000AED and 100,000AED of credit card debt as this was totally unexpected and my ... Read More »

I’m Worried About My Dubai Debt in Scotland. – John

Eilean-Donan-Castle scotland

“Dear Steve, You have probably heard this a hundred times Steve, but I have lost my job in Dubai and am in debt through a personal loan from a bank called Emirates NBD to the tune of AED 180,000. My wife is pregnant and I do not want to risk jail on default so we are returning to the UK ... Read More »

How Do I Deal With My Dubai Apartment Debt From the UK? – Gary

fear is a prison

“Dear Steve, I am hoping if you could kindly spare a few minutes to clarify something for me? I live in the UK and in 2005 I decided to purchase an off-plan property in Dubai. I initially contacted an agent in the UK regarding the property and then I entered an agreement with a building owner in Dubai resulting in ... Read More »

What Happens if I Can’t Pay Back My Loan and Go to India? – Feroz

Lifestyle choices.

“Dear Steve, I’m living in the United Arab Emirates and I borrowed a Personal loan for 4 years but now I lost my job. I cannot pay my Personel loan. If I do not get another job and go to India. what will happen? Feroz” Don’t miss our free Get Out of Debt – “How To” Guide Series on a ... Read More »

Will Insurance Cover My Credit Card Debt in the UAE? – AJ

uae

“Dear Jon, Hi, I am also sailing in the same both as all other here. I started my join in (Dubai) UAE in Late 2010 and as usual I also got into credit card World and I owe following 1 Car Loan – 40000 AED (can be sorted out by selling the car) 5 Credit Card – 60000 AED (aprox) ... Read More »

How Can I Restructure My Debt in the UAE. My Bank is Threatening to Call the Police.

Writing Q&A, Questions and Answers on a blackboard.

“Dear Jon, I had an issue with my bank in November 2011 to whom im transfering my salary as i have a personal loan when they accused me that i have an unpaid credit card from 2009. i had a card in 2009 and repaid it all, but lost the clearance letter. so the bank took my salary for 2 ... Read More »

I Left Dubai With Debt But Will Return. Will I Be Arrested? – Nepail

UAE

“Dear Jon, I left dubai for almost 3 years now and failed to come back and now i have a new job offer again in gulf country wanted to go back but i am worried i might have problems with my entry? Please can you confirm if a person having bank loan and credit card unpaid issues in UAE can ... Read More »

I Settled My Debt With Emirates NBD Bank But They Say I Still Owe Them Money. – Maria

Screen Shot 2013-02-13 at 4.59.14 PM

“Dear Steve, I got a settlement letter from Emirates NBD Bank and were able to comply with their requirements to pay the full value in the letter on the date mentioned Dec 30, 2012. The next day we got Clearance letter for the police to close my case. All the while i feel that everything is ok, until January 2013 ... Read More »

Will I Get Arrested in Saudi Arabia Because of My Bad Debt in Dubai? – Don

gcc money

“Dear Steve, I’m credit card debt and one PDC loan and one monthly payment loan. I’ve lost my job in dubai. I’m currently in dubai and i have informed banks with the same situation and have already provided them with termination letter copy. I’ve been offered a role in Saudi arabia. I’ve every intention to pay every penny to the ... Read More »

I’ve Been Jailed Because of My Debts in Dubai. – Maniraj

dubai

“Dear Jon, I was working in a good company in Dubai and took a personal loan and had a credit card from the bank.suddenly during the 2008 recession my company dealing with construction industry had to down size as a result i lost my job i had just taken the loan and managed to pay inspite of the job loss ... Read More »

I Was a Student in Dubai and Now I’m Being Threatened by Debt Collectors. – Haima

dubai

“Dear Jon, I was a student in a university in dubai.When I opened an account for fee transfers with Emirates bank, they forced me to take a credit card with 4000 limit and 0% interest for 6 months and free for life they said.I took that and seldom used.Total used is less than 3000.I paid more than minimum every month.once ... Read More »

Bilkish Collections Sent Me an Email They Will Block My Immigration. – Nono

01_dubai_popup

“Dear Jon, i have credit in my credit card in dubai for 6000$ and its almost 4years that. didnt pay im going to get a police clearance from there coz im in america i just wnn sk if they file a case against me in the police because of my credit balance somebody from bilkish collector agency send me n ... Read More »

Will I Run Into Trouble if I Left Debt in Dubai and Have to Travel Through to Change Planes? – Aussie

Dubai-International-Airport

“Dear Jon, I read through your forum and my question is probably the same as others. Anyway. I spend like 1 1/2 years in Dubai and left the country legally. Means, I put in my resignation, got my visa cancelled and left Dubai legally. Went back after a month for a few days. No problems at all. However, when I ... Read More »

Will I Be Arrested in a GCC Country if I Have An Outstanding Debt in the UAE? – Kumar

uae

“Dear Jon, I was in UAE and worked for 05 years and had a perosnal loan of AED 100000 ( i had paid my imonlthly instalmentys for 03 years, but i am not aware of the balance) and some credit cards of around AED 50000, before i left UAE in 2010, since i had lost my job. Now, I got ... Read More »

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