Q: My final settlement was sent to my Bank. They have put it on hold because I have a personal loan and a car loan until I provide a salary transfer letter from my new employer and a stamped visa page on my passport. I needed a cash advance so I suggested that I will pay off the balance of my personal loan that they can release the settlement in my account. They refused saying that they can't because of the car loan. I argued that the car loan is against a guarantee cheque and not against the salary transfer letter from my previous employer. They still refused to release the money. What are my legal rights? Is there any procedures I can take to get my settlement now as the visa process is taking long and I don't know when I will get it... Please help... Sincerely, Nawar  

Q: I need your assistance, please. I believe that the Central Bank of the UAE may freeze the bank account of a terminated employee. We have a client in the UAE and need to know what the employer’s obligation is to inform the bank when an employee’s contract is being terminated. Is there a specific format that must be used to inform the bank or what is expected of the employer?

Q: If you are fired from your job of 10 years and you have a loan, what will happen with UAE law? Can you lose your end of service benefits?

Q: Dear Sir or Madam, I have a question. If someone is in detention, is it possible for relatives to pay money to end the detention? How much would it cost for three months? I will be grateful for the advice and replies.

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.

This Law applies to merchants, as well as to all acts of commerce carried out in the UAE by any person even though he be not a trader. Commercial matters regarding which specific Federal laws are issued shall be subject to the provisions of such laws, and to the provisions hereof which do not contradict with said laws.