Tag Archives: dubai

Citizens’ Debt Settlement Fund Pays to Settle Debts of Citizens in UAE

President His Highness Sheikh Khalifa bin Zayed Al Nahyan of the United Arab Emirates has just announced a national $2,722,600,000 fund for low-income debtors to use to settle their debts with a number of UAE and Dubai lenders. This fund will allow people to be able to settle their debts rather than face prosecution and [...]

I have a Uk company chasing me for Dubai debt. – Sian

Hi steve, I have debt in dubai of 10,000 AED and has now accumulated to 36,000 AED (because of interest) I have just recieved a letter from a UK company acting on behalf of UAE to recover debt. Is their anything the UK can do to me? Or any legal advise I should get? They [...]

How can I avoid getting arrested in the airport in UAE because of a cheque placed there?

me and my husband used to have a company in Dubai, however the company bankrupt and we canceled it later on, there is this one cheuqe written in my husbands name and the receipt was in my name the man after he got paid and me and my husband left Dubai placed the cheuqe at [...]

Will I Go to Prison in Dubai for My Father’s Debt? – Noor

My father has been trying to run a trading company in UAE for the past 15 years. Things have always been tough but have become a real mess after the recession. To help me out , my father had added my name as a partner in the trade license (17% share). This helped me with [...]

DUBAI CREDIT CARD DEBT – Joseph

Hi.. I am Joseph. I seek your good advice to know something about dubai credit card debt. I use to work in dubai from 2006-2008 and while this tenure I hold a credit card of a local bank and as the world knows in the financial crisis of dubai most of the indian and other [...]

How Do I Get My Tenant in Dubai to Pay His Rent if His Cheques Are Bad? – Bwana

My tenant in Dubai is in the middle of a one year tenancy agreement under which four post dated cheques were issued. Only one cheque has been honoured and two have bounced. I have sent him numerous polite requests to pay in cash. No answer. I am an absentee UK landlord of an apartment in [...]

Personal Loan taken in Dubai, Back to India after Job Loss. – Dev

Hello Steve, I know you have been flooded with similar questions. But still I need your advice. I had Personal Loan in Dubai amounting AED 60000 and I lost my job. I returned to India then after a year I was chased by Recovery Agents. Since its a large amount there is no way i [...]

American With UAE Dubai Credit Card Debt is Worried About Interpol. – Lisa

“Dear Steve, I am an American who was working in the uae for six months and in that time I accrued credit card debt in the approximate amount of $10,000USD. This is probably an overestimate, but definetly not an underestimate. I could not stand the working conditions in the UAE so I fled the country [...]

I’m a Runaway Housemaid in Dubai. – Lucia

hi, i’m lucia im a run away housemaid. I left my employer cuz they are not good. My employer hurting me thats whay i run away. I would like to ask some questions. I start work june 2010 its 2 yrs contract so june 2012 finish but i only work 3 months and i run [...]

Desperate in Dubai Over Car Loan With Friend From Philippines

My friend ask me to help him loan a car from our company. we are getting some discount if we purchase car from our company. I helped my friend because he is a good person and trusted as well. He is from India and I am from Philippines. in 2008, we took a car and [...]

Debt Problems in Dubai UAE Get Better and Worse for Consumers

I happen to have written quite a bit about debt problems in Dubai. It originally caught my eye because it’s one of the only places I am aware of where people have no access to bankruptcy and face actual extended jail time for unpaid bills. You can see the past Dubai and UAE stories here. [...]

I Left Dubai in Debt, Went to India and Now Live in Australia. – Iram

“Dear Steve, I am an Indian citizen presently permanent resident in Australia. I visit india every 2-3 years. i was working in Dubai UAE from March 2003 till June 2005. In 2005 i cancelled my visa and left dubai for good. before leaving dubai….. i had credit cards from RAK bank and HSBC bank i [...]

I’m British With UAE Debt But Living in China. – Aaron

“Dear Steve, I am a UK national and recently left the UAE after working for 18 months, due to Emitarisation, which made my position incredibly unstable and other personal matters, leaving me with the prospect of imprisonment for none payment of debt. I left the country with debt in the Region of AED 600k, to [...]

I Am a Single Mother Living in India and Want to Move to Dubai. – Anna

“Dear Steve, I am a single, living wt my mum in India.My bf and I split up in dec last yr after finishing all my money. I have been tryin to find work for the last couple of months ( almost 10 months) however wasnt successful. Recently I found myself a job as a teacher [...]

I Have a Loan in Dubai I Can’t Pay. – Helpme

“Dear Steve, -Please advise me… I have a loan with Emirates NBD, 3 years to pay AED 180k (this is just the principal and mentioning aside interest) and supposed to finish by July 2011. -Lost my job in Dec 2008 and found a job in Nov 2009. My monthly installment is almost AED 6k as [...]