Q: Hi Hari, My name is P. I have a question for you, hoping a better clarification from you. I am working in the UAE and I have taken a loan of AED 150,000 from a bank. Till date, I have paid my monthly dues without fail. I am planning to change my job outside the UAE. What are the steps that I should follow? Is it possible for me to pay my loan amount in the UAE while staying outside the UAE? Kindly advice.

Q: How to legally exit the UAE with an unpaid loan?

Q: Hello, Can you negotiate with the bank my personal loan repayment and credit cards outstanding debts? I plan to leave the UAE in some months and I want to repay it from abroad, but I want to leave with a clean record, in good terms. Thanks, Dimitrios

Q: Hi, I worked for 13 years in the UAE and I have an excellent record with the bank. The company where I worked shut its operations effective Dec 31, 2019. I was lucky however to have found a job in Bahrain where I am currently residing. I have a personal loan and an outstanding of about AED 300 000. With my current salary in Bahrain, I am not able to pay the full monthly installment which currently is about AED 18 000 since my salary in Bahrain is 43% less than that of the UAE's. I have not defaulted so far, I have kept some money at the bank and I wired an amount from Bahrain, but at the end of this month, I will not be able to pay anymore the full amount. Is it fine if I pay half of the amount on a monthly basis? If I do this, will the bank still file a case against me? I have contacted and emailed the bank countless of times to restructure the loan, but since I do not have a UAE resident visa, the bank is rejecting this possibility. Please could you clarify the legal part of this dilemma? Thanks!

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.