I left the UAE Dec 2005 and had all clearances from all banks I did business from. Last month EmiratesNBD said I owed them a loan of 100,000 dhs. I do not even remember taking a loan out from them as I never had an account bank account with Emirates Bank. I did return to the UAE in 2006 for a while on a consulting job was never bothered. now ten years later they are claiming it.
I live in the USA – what can I do about it and can I just ignore the collection company’s emails.
Just a few questions to clarify things.
You said you don’t remember ever taking out the loan. Have you asked the bank for proof of the loan, the original loan agreement?
Is the collection company based in the US or elsewhere?
It may be just a case of mistaken identity if you never took out the loan.
If the loan is yours, depending on who and where the collection firm is, will determine if they can actually collect the account and have any authority to collect the account.