Questions & Answers
Questions & Answers
3 available 3 • View allAvoiding cases by the bank for defaulting on loan payments
2
Q: Hi,
I have 5 cards and 2 cash on card loan, and all total is AED 150,000.
My salary is AED 12000 and I can't pay the minimum amount because of a shortage of funds. Now, I am really stuck in this, all my money is going to this.
Can anyone help me with this? How can I come out of this?
All the time I am in real stress because of this.
Thank you
S.

Sep 15, 2019
1935
Avoiding legal consequences related to a loan
1
Q: Dear Ma'am,
I have an outstanding loan (amount: 25k) for a bank but unfortunately, I have lost my job last April 2019, but now I want to settle it.
So what is the minimum amount I should pay to avoid any future consequences?
Thank you!
Best Regards,
R.

Feb 2, 2020
565
Defaulting on credit card payments due to job loss

3
Q: I have made payment default on the credit card for the last five months. Currently, I have a job but I have some other priority commitments back in my country and I couldn't pay the minimum amount here.
My credit limit was AED 30,000 and now the outstanding is 40,000. The bank is calling me almost all day.
What will be the consequences if I continue not to pay?
By paying the fine, will I be able to relax from this burden?
Will the bank move with a civil case? If so, what will be the consequences?


May 2, 2020
1642
Laws & Regulations
1 available 1 • View allFederal Law No. (5) of 1985 On the Civil Transactions Law of the United Arab Emirates 96
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.
Dec 15, 1985
148518

Other answers by
Continuing work after the expiry of a limited contract without renewal 34
My limited contract has finished on 07 April and I'm still working and receiving my salary, however, my employer hasn't notified me yet about renewing the contract.
In case he does not renew my contract, am I entitled to receive compensation for not being given an earlier notice for non-renewal?
May 27, 2020
12164
Requirements of starting a platform for posting ads in Dubai 8
Greetings!
I will be running a website (blog-post + classified ads) from home, that provides services and posting ads, and it will accept membership in some countries that speak English.
I am located in Dubai. Since it requires a free subscription, I want to ask if I am obliged to register it as business anywhere to be legal, or if I do not register, I will be asked or arrested for running this website.
The website is under maintenance at the moment, it will be broadcasting after it is completed. Some points I am really concerned with:
1- Do I need a legal registration of the website as a business? If yes, can you help me find out how? If I register in one country - let's say UAE - will it be legal in other countries e.g UK, US?
2- GDPR is really critical point that we have to consider especially for websites that collect info from visitors if required. What are the major points that we have to focus on GDPR?
Kindly help me optimize my website to get rid of any unsuspected legal issue.
Regards
May 14, 2020
2683
Resignation during the unpaid leave period due to COVID-19 2
I am a manager in a UAE company, I have served 2 years on an unlimited contract. I have been instructed I am on unpaid leave for a 3-month period in light of the current situation.
The company is asking me to sign an annexe to my contract that I accept this unpaid leave period. If I do accept, can I still resign during this 3-month unpaid leave period if I get another job?
Apr 27, 2020
2335
Is it legal to give a post dated cheque against the final settlement? 1
I should have my final settlement on May 9 as my last day of work will be May 2nd. The company offered me to pay me in 2 payments.
A bank transfer was made in the 1st week of May and the second 50% in the 1st week of June by giving me a post-dated cheque.
The issue is I didn't plan to stay 1 more month as I should leave the country.
1- Is this legal to offer this kind of payment? What can I do?
2- If I have to stay, they have to pay my expenses (rent and bills) to stay one more month in the country?
Apr 27, 2020
1394
المقصود بحل الشركة ذات المسؤولية المحدودة وآلية ذلك 3
السلام عليكم،
ما المقصود بحل الشركة ذات المسؤولية المحدودة؟
وكيف يتم حلها؟
ومن له الحق أن يطالب بحل الشركة؟
Apr 28, 2020
5563
Get quotes from lawyers
Find the right lawyer for your legal needs.
Submit your request and get multiple
competitive offers from
qualified lawyers.
Popular Q&A
View all Looking for something else?
Ask for advice from a lawyer