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Tag Archives: dubai

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?

    “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 »

      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 »

          Can I Get My Dubai Debts Forgiven Now That I’m in India and Divorced? – Sheeba

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          Dear Sir, This is Sheeba. I lived in Dubai from April 2007 till November 2008. I have pending loans and credits in Dubai. Briefly, these loans and credits were forced by my husband for his personal use. He promised to clear it saying he wanted to start a business in Dubai. He could not apply himself as he wasn’t eligible ... Read More »

            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

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              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?

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                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

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                  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

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                    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

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                      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

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                        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

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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 »

                            I’m a Runaway Housemaid in Dubai. – Lucia

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                            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

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                              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 »

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