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Dubai, UAE

How to check a possible travel ban for unpaid bank loan before returning to the UAE?

My friend has a personal loan with a bank in Dubai and has lost his job. He has paid his EMI without any break until Jan 2022. However, he has exhausted all his savings.

He missed the EMI in Feb and is still looking out for a job in Dubai. Would like to know what options are available.

Will the bank initiate any legal proceeding immediately like a case or travel ban... etc?

Also, would like to know if he is unable to get a job in Dubai, can he still pay the EMI from his home country after securing a job there and restructuring the loan?

MIO Law Firm (Abu Baker Salem Advocates & Legal Consultants)
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1 Mar 2022, 07:02

Hello,

We can handle the settlement with the bank, provided there is a default of more than 3 months or 6 months.

Please e-mail us the statement paid, outstanding balance and the total loan availed by your friend.

1 Mar 2022, 07:03

Please call or e-mail us.

Disclaimer- The above-referred view is not a legal opinion, these opinions cannot be challenged or presented before any court of law.

 

1 Mar 2022, 07:19

Thanks for your reply.

Why the default has to be for 3 or 6 months?

I have also asked about the court case and travel ban... etc.

Sorry, I don't know much hence asking these questions.

1 Mar 2022, 07:29

Hello,

The more the default, the easier it is to settle.

Also, for the court case, it depends upon the bank. If there is a court case then there is no problem with representing you in the case.

For the travel ban, the bank can put it, but nowadays the law has been changed. The bank is directly doing execution cases for the travel ban.

1 Mar 2022, 08:02

There is no case as of now. What is the new law on the travel ban?

After how many months is the bank allowed to put a travel ban and a court case?

Can you also explain about execution case in detail?

1 Mar 2022, 09:37

Pleas e-mail us for more clarifications and also you should retain us for any further answer to your queries.

1 Mar 2022, 10:27

What are your charges?

1 Mar 2022, 10:41

It will depend upon the outstanding amount and the facts of the case.

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