Q: I lost my job during the pandemic and had to leave the UAE. After one and a half years, when I returned to the UAE, the bank's collection department had filed a case against me. My original loan amount was only 91,000 AED, but with profit, it increased to 134,000 AED. I have been paying regularly, and now I have only 59,000 AED left. I asked the collection department to offer me a reasonable repayment solution, suggesting a settlement of between 20,000 and 25,000 AED. However, they demanded a one-time payment of 50,000 AED, which I cannot afford due to a lack of funds. Now, they are threatening to file another case against me with a travel ban. I would like to know if the collection department can file a case against me and if the judge would help provide a reasonable payment solution. I have repeatedly asked the bank for a more reasonable settlement amount, but they refused and insisted on filing the case.

Q: Hi, My husband lost his job 6 years back and he has not been able to find a job. He got a loan from a bank and they filed a civil case. We also came to know he has a standing warrant of arrest. I want to know what I can do for him. Should my husband go to Dubai Courts and check what he can do to settle the case or they will arrest him immediately? Should I go on his behalf and check what steps we can take to settle this case? Thank you in advance for your legal advice.

Q: Dear Sir/Madam, I took a personal loan of 80 thousand. I lost my job just before COVID, and to date, I am jobless. I stopped paying since I lost my job and have not paid for almost 4 years. Debt collectors call me and pressure me to pay. I informed them I am jobless and will start paying once I get a job. What can the bank do legally? And what are my options?

Q: The bank filed a case against me using security cheques and executed a travel ban from Dubai Courts.

Q: Hi, I have a friend who lost his job in the UAE, but he still has a loan and a credit card outstanding balance to pay. He is asking for advice on what to do now.

Q: Good Day, May I ask what the maximum time is to get approval for the reconciliation enforcement request for the Debtor Installment? A criminal case was served and closed, but a civil case is active; that's why there is an execution. Once I get approved, can I apply for a new visa? Thank you.

Q: Dear Sir One of my friends took a loan and credit cards from various banks and ran away to Pakistan as he lost his job. Can anyone chase him in Pakistan? Actually, he was a victim of fraud, and the person who did this is in jail, and the other ran to Pakistan. My friend made civil cases and won both. One is in jail for the first case, and the other ran to Pakistan. That's why he defaulted on payment.

في الإمارات العربية المتحدة، تعد الشيكات المرتجعة مشكلة متكررة جدًا يواجهها الأشخاص خلال فترة وجودهم في الدولة وتخضع لأحكام قانون المعاملات التجارية. يمكن أن تكون الآثار والعقوبات القانونية شديدة من الناحية المادية ومرهقة بالنسبة لجرائم الشيك "الأكثر خطورة". قد تنشأ قضايا الشيكات المرتجعة في مجموعة متنوعة من المعاملات التجارية، بما في ذلك على سبيل المثال لا الحصر، التبادل التجاري بين الشركات، والقروض المصرفية، وإيجارات العقارات وشراؤها، وبالطبع المعاملات الفردية.

إن إدارة الشؤون المالية للفرد أمر بالغ الأهمية، ويجب الأخذ في الاعتبار جميع الأحداث أثناء التقيد بالتزام مالي. سواء كان فقدان الوظيفة هو الذي أدى إلى الإخفاق المالي أو العكس، فيجب أن يكون المرء على دراية بالمسؤولية الشخصية التي لن تتلاشى من خلال دفع الغرامات في قضايا الشيكات المرتجعة. هناك نوعان رئيسيان من المسؤوليات، وهما المسؤولية الجنائية والمسؤولية المدنية. لكل منها أهميته الخاصة، وبالتالي، يجب التعامل مع كلا النوعين تبعًا لذلك.

The provisions of this law, promulgating UAE Civil Code, govern the civil transactions in the United Arab Emirates. The commercial transactions remain subject to the laws and regulations applicable in their regard.

The provisions of this Federal Decree-Law No. 50/2022 Issuing the Commercial Transactions Law, known as the "New Commercial Code" governs commercial transactions in the United Arab Emirates. The New Commercial Code repeals the previous UAE Federal Law No. (18) of 1993 Issuing the Commercial Transactions Law.