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What should I expect if I am delayed in paying a debt for an online shopping company in the UAE?

Hi

I have a debt for an online shopping company in the UAE of around AED 2800 and they have informed me that it is a clear violation of the UAE Civil Transaction Law (5)1985.

I'm trying my best to pay the amount but I want to know about this law sentence and what will happen if I get delayed in paying.

متميز
شمسة البدواوي للمحاماة والاستشارات القانونية
دردشة
توظيف
اجتماع
29 Apr 2024, 09:11

According to Article 246 of the UAE Civil Transactions Law (5) of 1985, a debtor who fails to fulfill their obligations within the agreed-upon time frame is considered to be in default.

This means that the creditor has the right to demand payment and take legal action to recover the debt.

If you are unable to pay the debt on time, it is important to communicate with the creditor and try to come to a payment arrangement.

If you continue to delay payment without any communication or agreement with the creditor, they may take legal action against you.

In the UAE, defaulting on a debt can result in penalties such as fines, imprisonment, and a travel ban. It can also negatively affect your credit score and make it difficult for you to obtain loans or credit in the future.

It is important to try and resolve the debt as soon as possible to avoid any legal consequences.

متميز
جاسم علي الحداد للمحاماة والاستشارات القانونية
دردشة توظيف
اجتماع
29 Apr 2024, 09:42

Dear.

To avoid a judicial claim from the UAE company, you must negotiate with them and reach an amicable settlement.

If a settlement is not reached, the company will file a lawsuit in court to pursue you.

متميز
كي إتش إي للاستشارات القانونية
دردشة توظيف
اجتماع
29 Apr 2024, 09:47

Dear questioner

The law has been amended now, however, the recovery measures have only slight changes, and they can file recovery proceedings for this amount.

But the amount is feasible and you can ask for some more time for payment.

If you need further clarification, please share your Whatsapp number.

متميز
محمد بخيت للمحاماة والاستشارات القانونية
دردشة توظيف
اجتماع
29 Apr 2024, 12:15

The court seizes bank accounts and cars if you have a car.

متميز
هند حميد النعيمي للمحاماة والاستشارات القانونية
دردشة توظيف
اجتماع
30 Apr 2024, 05:56

The UAE Civil Transactions Law No. 5 of 1985, also known as the UAE Civil Code, governs various aspects of civil transactions, including contracts, obligations, and liabilities.

While I can't provide a detailed analysis without knowing the specific circumstances of your debt and the communication from the shopping platform in the UAE, I can offer some general information.

If the shopping platform in the UAE has notified you that your debt violates the UAE Civil Transactions Law, it likely means that they believe you have breached the terms of a contractual agreement or failed to fulfill your financial obligations under the law.

Regarding delays in payment, here are some potential consequences:

1. Late payment penalties: If you fail to pay the debt on time, tabby UAE may impose late payment penalties or interest charges in accordance with the terms of your agreement or applicable laws.

2. Legal action: If you continue to delay payment, tabby UAE may take legal action against you to recover the debt. This could include filing a lawsuit in the UAE courts to obtain a judgment against you for the outstanding amount.

3. Credit implications: Failure to pay your debt on time could negatively impact your credit score and creditworthiness. This could make it more difficult for you to obtain credit or loans in the future.

4. Debt collection: the shopping platform in the UAE may engage a debt collection agency or take other measures to collect the debt from you, such as garnishing your wages or seizing assets.

It's important to communicate with the shopping platform in the UAE and try to resolve the issue as soon as possible.

If you are experiencing financial difficulties, you may be able to negotiate a payment plan or settlement arrangement with them.

Additionally, consider seeking advice from a legal professional who is familiar with UAE laws and regulations regarding debt and financial transactions.

They can provide you with guidance on your rights and options for resolving the situation.

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