Q: Greeting! My name is Fazil Hussain, I was working in the UAE for past 5 years, I have a personal loan of 80,000 from ADCB Bank in Dubai. I never missed a single EMI to the bank and had good records. But I lost my job, so had to come back to India. I wanted to go back to Dubai and search for a job but the bank said they have blocked my visa and I cannot get a job there. I replied to the bank by email that if they block my visa then how can I find a job in Dubai and how should I pay my outstanding balance on the personal loan. I can pay my loan only if I get a job in the UAE... Please help me with your advice, I can pay the outstanding only if I work in GCC. I can't afford to pay from India. I want to pay my outstanding and clear it. Can the bank give me NOC to work in Dubai and pay their loan? And I want to know, is it possible if I go to Saudi Arabia and do a job and pay my installments to the bank in the UAE?

Q: Dear Nikhat, I have a personal loan with a bank in Dubai. Last October 2016 I lost my job and the company sent me back to my country. Now I have a job offer and visa. Will I be arrested if I arrive in the UAE? Due to the job lost only I didn't pay the amount. If possible I can speak to the bank and I can pay the amount monthly. Please advise me. Thanks / Regards

Q: Dear Madam, Just 2 days before I got termination from my company I am working at in the UAE since 24th Feb 2015, I took a personal loan from a bank. Now, the total outstanding including interest is AED 90000. Can you please advise me because I am jobless? I am working in a construction MEP company and it's not easy to get another job. Best regards

Q: Dear Madam, I got terminated from my company & I have a bank loan around AED 75000. What do I have to do the next step? Please advise me (ASAP) Best regards

س: السلام عليكم، أنا سحبت قرض بمبلغ 225 ألفًا وأصدرت بطاقة ائتمان بمبلغ 27 ألفًا من أحد المصارف التجارية. ذاك الوقت كان راتبي 16 ألف درهم شهريًا. تم رفضي من العمل وتحويل مبلغ نهاية الخدمة البالغ 82 ألفًا وتم حجزهم فورًا. بعد 3 أشهر، وفي حين أنني لم أجد عملاً جديدًا، تم سحب كامل المبلغ لحساب القرض (مع اقتطاع مبلغ بسيط لتغطية الدفعات الشهرية لبطاقة الائتمان). الوضع الحالي: - مجمل مترتبات القرض: 109 ألف (بدون الفوائد) بدفعات شهرية قدرها 5300. - بطاقة ائتمان: 19 ألفًا. - متأخرات: قسط واحد للقرض ودفعة واحدة لبطاقة الائتمان. مؤخرًا، حصلت على عمل جديد براتب 7 آلاف. الأسئلة: 1- متى يحق للبنك التقدُّم ببلاغ؟ 2- هل سيتقدم البنك ببلاغ عن المبلغ المتبقي مع/أو بدون فوائد؟ أم أنه سيقدم شيك بكامل قيمة القرض حتى مع الجزء المُسدَّد؟ 3- هل من مصلحة البنك الوصول إلى تسوية تتناسب مع دخلي الحالي أم التقدُّم ببلاغ؟ 4- هل هنالك توقيف في مركز الشرطة وكم المدة؟ 5- هل من الممكن أن تحكم المحكمة بالسجن وكم المدة؟ شكرًا!

Q: Salam, I have been working in the UAE for 7 years. A week ago, my employer threatened me with termination. I have a bank liability of around 164,000.00 AED in a form of a personal loan and I fear that in case of losing the job I will not be able to pay off my loan as I have no savings. After reading, I understand that I shall have to face a criminal proceeding if I am not able to pay off my loan (as it becomes due in its entirety in case of loss of job) and also imprisonment. Whatever it may be, I need to know more about it. I was informed by a friend that if a person notifies the bank about this default and termination, then the proceedings shall start and the defaulter shall either be imprisoned or fined. Will appreciate it if someone can guide me on how things shall be in case I get terminated and the loan amount becomes due and this situation turns into a civil/criminal case. Best Regards,

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?

The management of individual financial affairs is crucial and all the actions must be weighed down while committing to any financial liability. Whether it's job loss that may have lead to financial failure or the opposite, one must be aware of the personal liability which will not diminish by paying fines for cheque bounce cases. There are two major types of liabilities, criminal liability and civil liability. Each has its own significance, hence, must be dealt with accordingly.