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Tag Archives: uae

HSBC Decides to Participate With Standard Chartered Bank in UAE Debt Settlement Fund

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HSBC bank in the United Arab Emirates has elected to participate in a plan to settle or write off debts owed by UAE citizens. Until now the ability for people to deal with their debts in the UAE without going to jail, has been limited. And while this approach to assisting people with problem debt in the UAE is a ... Read More »

    Should I Ask My Sharjah, United Arab Emirates Creditor to Drop the Case? – Alvi


    “Dear Steve, I have a bounced cheque situation, the amount is not that high (14000). I couldn’t pay back since I am almost at handover of a project and want to pay the supplier asap. Since the cheque has already bounced and I have received threats from the supplier, I am a quite worried what will happen next. The supplier ... Read More »

      Go Ahead, Take a Guess Which Countries Have the Most Credit Card Fraud

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      Now here is a study that will probably surprise some people. A recent survey by the Aite Group and ACI Worldwide of consumers who experience credit card fraud found some countries are much more at risk of consumers having their credit cards used fraudulently. As someone who has lived and travelled to many countries outside of the United States, a ... Read More »

        How Long Will I Have to Go to Jail in the UAE for My Bad Debts? – Darran

        Ready to Collapse

        “Dear Steve, I have bank loan and cc debt in UAE what is the policy of I dont pay and surrender myself to the jail?how long? And what happens to my debt after that? And would be allowed in the country again to come back did the UAE not putting me ban in Dubai?and also if ever I settled my ... Read More »

          Bankruptcy Doesn’t Exist Here and I Don’t Want to Go to Jail Again. – Remie

          Ready to Collapse

          “Hi Steve, for now i can reveal myself as Remle for various reasons, I have been unemployed for more than two years now due to my previous company’s decision to put me in jail. I would call it an entrapment, landed in jail and served for three months here in the U.A.E. My case is about bounce check. My question ... Read More »

            I’m Having Nightmares Because of My Debt in Dubai. – Maria

            Ready to Collapse

            “Dear Steve, I used to live in dubai from 2000 to 2009 and i failed to pay the loan and the credit cards before moving to the US and this year 2012 when I was visiting my family in my home country i got a call from a lawyer office telling me that they are the local collective agency and ... Read More »

              I’m Back Visiting Dubai and a Lawyer Called About an Old Debt. Should I Leave the UAE?

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              “Dear Steve, I used to live in dubai and i have a loan its been now 3 years i didnt hear from the bank now i live in the us and i am visiting my country for 3 months out of nowhere i got a call from a lawyer here and told me that i have to pay the amount ... Read More »

                I Refused to Pilot FlyDubai Aircraft Into a War Zone. Now They Want Money From Me in the UK.

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                “Dear Steve, I recently left Dubai owing around 22000 pounds to an airline called Flydubai. I am now in the UK and have been contacted by debt collection agencies here in the UK. Being as the debt is from Dubai, can they legally ask me to pay them back? The debt by the way is owed to my ex-employer in ... Read More »

                  I Think I Have an Interpol Red Notice Out Against Me for UAE Debt

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                  “Dear Steve, I am on a red alert wanted by interpol due to UAE debt left 2010. The US embassy has revoked my non-immigration visa due to this. The UK police have told me that i am at risk of being arrested if i travel outside UK due to being on red alert from interpol, i have also been told ... Read More »

                    Will Our UAE Creditors Chase Us Through Interpol? – Mohanj

                    Ready to Collapse

                    “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

                        “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

                            Ready to Collapse

                            “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 »

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