Tag Archives: india

Will my UAE debt chase me in Canada? – Saif

I am working in uae and accumulated debt upto $150k and not in a position to service the payments in near future. since the situation is to come , i am planning to mover to canada as i am permanent resident and living there though i belong to india. now please advice me , where [...]

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 [...]

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 [...]

Creditors Are Calling Me for My Son’s Money. – Alexis

“Dear Steve, My son was working in Dubai. He had a bank debt (credit card and personal loan). He paid back some of the money. On health ground he had to leave Dubai without paying back the debt fully. Now he is in India. But some people makes calls to our home phone and mobile [...]

Will I Be Arrested When I Come to the U.S. For My Debt? – Vikrant

“Dear Steve, Back in 2003, I was in the US for my Masters degree. In 2005, I completed my masters and got a job. All was going well and my credit score was well over 640. I lost my job and my H1B visa status. I had to leave for India due to job and [...]

We’re Behind on Bills and Debt Collectors Are Threatening to Sue Us. – Krisstina

Krisstina wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

I’m Getting Kicked Out of the U.S. on an H1B Visa and I Owe Money. What Should I Do? – Ravi

Ravi wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

I’m Almost Drowned in Debts in India – Ram

Ram wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

I’m in India and Drowning in Debt and Looking for Debt Consolidation. – Rao

Rao wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Collection Agent Trying Not to Use Violence

A recent article in the Christian Science Monitor just exemplifies how different consumer debt rules are around the world. In some areas debt collectors can intimidate you and in other parts of the world they can come to your home and office and shame you, grab you or break in. The article is about debt [...]

Expect Tidal Wave Of Limit Reductions and Credit Card Closures to Hit Before Christmas

Yesterday I wrote about a little old hardware store that had noticed an increase in card purchases over cash. That’s not a good sign if people are using plastic more for routine things and especially in this environment of credit card issuers reducing credit limits, raising interest rates and closing cards. You see, the credit [...]