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Tag Archives: uae

Will Our UAE Creditors Chase Us Through Interpol? – Mohanj

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“Dear Steve, i and my wife felt in dept in uae and we were paying our debt monthly till government refused to renew our visa and we lost our jobs,now we backed to our country and bebt amount 120000$ behind in uae possible to catch us in our country by interpol? we are planning to move to malaysia ,any pny ... Read More »

I’m a Resident of Dubai, Unemployed and Worried About Getting a Police Case Against Me. – Via

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“Dear Steve, Hi Steve, I am a resident of Dubai and have been here for around 2 years. I used to work for one airline where I took out a loan for 60,000 aed and a credit card of 12,000 aed. I since moved airlines and was sacked from this job as I was sick in my probation. Since then ... Read More »

I Was Working in the UAE But Medical Issues Caused Me to Stop Paying. – Gijo

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“Dear Jon, I was working in UAE for 2 years from 2007 to 2009 and i left uae without cancelling my visa and i had credit card and bank loan. I got another job in GCC soon and i was repaying loan and creditcard. Suddenly my baby had some medical issues and my repayment stopped. Loan was 21000.00 and credit ... Read More »

Moved to Canada from Dubai but Left Debt Behind. Collectors Threatening to Deport Me to Philippines

“Dear Steve, Two (2) years ago I moved here in Canada from Dubai, UAE leaving around AED 85,000 of credit card and personal loan liabilities, which now has an outstanding balance of AED 110,000. I accumulated this amount of credit since I lost my job twice. The first one is for six months and second one is for seven months. ... Read More »

I’m Ready to Settle My Debt in Dubai. I Live in India. – Niki

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“Dear Steve, i used to live and work in dubai. In 2009 after the market crashed, i had lost my job and had to come back to india. In dubai i had credit cards from different banks. Few cards i had used in dubai and after coming back to india my financial situation was not good. So i had used ... Read More »

How Can I Settle My Debts in Dubai?

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“Dear Jon, I had lost my job in dubai, and now wanted to back to dubai, but I cannot as I had debts in dubai banks i used to live and work in dubai. In 2009 after the market crashed, i had lost my job and had to come back to india. In dubai i had credit cards from different ... Read More »

Will Interpol Arrest My Fiancé for Her Bad Debt? – Steve

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“Dear Steve, My Fiancee worked in the UAE a year ago and for family reasons left to come back to US in March 2011. She had 10,000 (us currency) debt on a CC she left and never paid. In Feb 2012 she took a job in Maylasia and she is getting very threating letters. She realizes the issues in UAE ... Read More »

Government Debt Settlement Fund to Release People From Jail Over Debts

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Previously I published information about the new government sponsored debt settlement fund in the United Arab Emirates. New information has come to light that will be very helpful for people currently being held in jail because of financial problems. GulfNews.com is reporting: The initiative aims to settle the personal loans of less than Dh1 million for UAE citizens who are ... Read More »

How Can I Settle My Debts With My Banks in Dubai – UAE? – Tanya

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I have few credit cards from different banks and a loan from another bank, now my salary is AED 12000 almost and not enough to cover the loan amount plus the min monthly dues for my cards, from another side I could consolidate the debt with Abu Dhabi Islamic bank lets say, however my company is not listed with them, ... Read More »

How Can I Get My UAE Bank to Give Me More Time to Settle My Debts? – Sahil

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I have a personal loan from a bank and credit cards from two different banks. All the payments are due for the last couple of months due to my change in job. I am still in UAE and the bank is following me to pay the due amount. I need another month to settle the dues. Please advise me how ... Read More »

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

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“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 »

Debt Problems in Dubai UAE Get Better and Worse for Consumers

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

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“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 »

Can the Banks Send Faxes to My Work About My Debt? – Lito

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“Dear Steve, I have indebted myself with credit cards and bank loan due to the education of my children here in Abu Dhabi, UAE. My obligations with the banks were in control in the beginning until some tragedies in the family forced me to set aside regular banks payments and now I become a default client and the banks are ... Read More »

Will I Be Arrested on My Flight to China Through Abu Dhabi? – Robert

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“Dear Steve, After loosing my job in UAE, I left the country to be back in my HOME country. After 6 months, I received many SMS or email taht a police case was open against me. Finally I find a job in China and will fly to Beijing but with connection flight in Abu Dhabi. Do you think that is ... Read More »

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