Questions & Answers
Questions & Answers
5 available 5 • View allSettlement of credit card debts after leaving the UAE
0
Q: I have an outstanding balance remaining on one credit card in the UAE.
Due to visa issues, I had to leave the UAE but I need to settle the card with a one-time settlement.
My actual outstanding is around 14000, but due to interests and charges, the amount has gone up to 50000.

May 31, 2019
1845
Settlement of credit card overdues to avoid legal action
2
Q: Hi,
My name is M., and I want to settle my credit card. I am in bad credit, what is the way?

Nov 20, 2018
1638
Negotiating credit card outstandings with the bank
10
Q: Hi, I lost my job a year ago and I have an outstanding credit card of AED 300k. I've missed the last 9 monthly payments (I am negotiating directly with the bank). I am willing to settle the credit card with one lump sum payment that a friend will lend me.
How much discount on the balance of AED 300k can I negotiate to settle the matter? Should I also ask for a clearance/ no liability letter?

May 24, 2017
10117
Getting a travel ban lifted after a settlement with a bank?
8
Q: Dear sir/madam,
I have just made a settlement with the bank, paid a down payment, and signed the papers of an agreement to pay the rest in installments.
My question is now how long should it take to get the travel ban lifted? Is there any way to speed it up?
My second concern is that the bank has told me that I do not need a clearance letter to travel once the case has been dropped. Is that right?
It is not registered by the Dubai police. I'm just worried I will be stopped at immigration again but I’ve been told once the case is gone, it will not be an issue.

Jun 30, 2022
1346
Can I travel after settling my civil case with the bank?




1
Q: Hello,
I have a civil case from the bank, but we have settled it. The amount is paid.
Can I travel now? According to them, I have no ban.





+1
Feb 19, 2025
149
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
148549

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