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Tag Archives: dubai

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

UAE President

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 jail time as they have ... Read More »

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

    justball-144x125

    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 are threatening me with Interpol ... Read More »

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

      justball-144x125

      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 the airport !! will i ... Read More »

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

        justball-144x125

        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 immigration as a single mother ... Read More »

          DUBAI CREDIT CARD DEBT – Joseph

          justball-144x125

          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 countries expats lost their jobs ... Read More »

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

            Screen Shot 2011-12-16 at 4.58.32 PM

            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 JLT (Dubai) and two rent ... Read More »

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

              justball-144x125

              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 can pay it off. I ... Read More »

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

                justball-144x125

                “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 leaving behind my credit card ... Read More »

                  I’m a Runaway Housemaid in Dubai. – Lucia

                  justball-144x125

                  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 away. That time i go ... Read More »

                    Desperate in Dubai Over Car Loan With Friend From Philippines

                    justball-144x125

                    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 got good discount. we ageed ... Read More »

                      Debt Problems in Dubai UAE Get Better and Worse for Consumers

                      DubaiJail

                      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. The situation in Dubai is ... Read More »

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

                        justball-144x125

                        “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 admit I made some good ... Read More »

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

                          justball-144x125

                          “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 various banks. The “crackdown” on ... Read More »

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

                            justball-144x125

                            “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 in dubai and I want ... Read More »

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

                              justball-144x125

                              “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 I used to have a ... Read More »

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