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Home > Tag Archives: uae (page 6)

Tag Archives: uae

I Left Dubai and My Mercedes at the Airport to Avoid Going to Jail for Debt. – Christopher

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Christopher “Dear Steve, I guess my situation is nothing new. I got caught up in the economic meltdown. I was in Dubai for 2.5 years and had a very good job. As my job went out of business I got fired. I had several credit cards and a large personal loan. I did not intend on stealing anything from anyone. ... Read More »

I’m in Debt in Dubai. – Matthew

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Matthew “Dear Steve, I need an guidance from you. sir, i have outstanding totaling to 200,000dhs in dubai. i am still in dubai and with 6500dhs salary it has become impossible for me to repay all of them. i worte to all banks to allow me start paying of for small cards and switch to bigger cards and then loans. ... Read More »

I Am Pregnant and in Debt in the UAE But Will Not Be Able to Pay My Bills for Ten Months. – Leifam

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Lefiam “Dear Steve, This is how the story goes,i have 2loans and 3credit cards with a local and international bank and my debts sums up to $13,000. I am currently working here in Dubai, UAE. And as we all know that UAE law with the debtors are so tight that they put everybody in jail who ever fails to pay ... Read More »

I’m Worried I’m Going to Get Arrested For My Bad Debt in Dubai and Sit in Jail for a Long Time. – William

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William “Dear Steve, I’m in a rather difficult predicament. I’m currently in Dubai and due to having lost my job I’m no longer going to be able to afford to pay the monthly instalments on my credit card debt as well as on a personal loan I was forced to take out due to the Dubai law whereby one has ... Read More »

The Collection Manager Yelled at Me. I’m in the United Arab Emirates. – Cery

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Cery “Dear Steve, I missed one payment for my first gulf bank credit card in the UAE so i wrote them an email to inform them of my current situation and to find a way to settle the matter with them, i paid 1,000aed against the minimum amount of 9,000aed. However i was shouted at by the collection manager and ... Read More »

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