Questions & Answers
Questions & Answers
3 available 3 • View allI have an outstanding loan and I want to negotiate with the bank to reduce the interest


2
Q: Hi,
I have an outstanding loan of 150,000 in Dubai but I am no longer working in Dubai and currently looking for a job in my home country.
My intention is to pay the installment amount in a timely manner but I want the bank to decrease the interest charges.
Is it possible for the bank to do so?



Jul 1, 2022
1137
Failure to pay installments of bank loan
75
Q: What happens if I failed to pay several installments from my personal loan from the bank?
I have not received any warnings or notice to pay, does this mean they filed a case or they must send me a notice first.

Jun 1, 2016
71565
Convincing the bank to accept loan installments after filing a civil claim
1
Q: Hello,
I have a notice from the DIFC courts against my personal loan which I borrowed from a bank in 2014.
The amount is AED 350k. I have already served the jail time; 2 months for the criminal offense of signing the cheque.
I am offering a settlement to the bank in monthly installments which I can manage, but they are not agreeing upon and, now, the court will resume the hearings.
The problem is that I wanted to pay off, but I can't afford to pay heavy installments which the bank is asking for.
How to convince the bank?

Mar 18, 2020
1139
Legal blog
2 available 2 • View allBounced Cheques in the UAE: What You Need to Know in 2024 291
In the UAE, cheque bounce is a very frequent problem faced by people during their span in the country. It is covered under the purview of Commercial Transactions Law, and legal implications/penalties can be financially severe and daunting for more “serious” offenses. Bounced cheque issues may arise in a variety of commercial transactions, including but not limited to, companies’ exchanges, bank loans, property rents or purchases, and individual transactions.
Oct 15, 2024
222618
The Consequences of Job Loss and Defaulting on Financial Liabilities 26
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.
Feb 12, 2019
18946
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
148521

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I already have a dispute order with MOHRE. Then my employer became willing to settle the case.
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After 11 months of work, how many leave days is an employee entitled to? 0
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I want to inquire regarding my leave privileges. I am now 11 months in my company. How many leaves am I privileged to?
Based on Decree-Law No. 33 of 2021 regulating labour relations and its executive regulations, you are entitled to a paid weekly rest for not less than one day, as specified in the work contract or the work regulation.
The Council of Ministers may increase the weekly rest day stipulated in this article. The Decree-Law and its executive regulations also stipulate that you are entitled to an annual leave with full pay as follows:
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What can I do if my neighbors are constantly doing construction work and constantly drilling? 0
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هل يسجل الطفل قانونياً بالإمارات في حال كان الفرق بين عقد الزواج الشرعي والولادة تقريباً 166 يوم أقل من 6 أشهر؟ 0
السلام عليكم
هل يسجل الطفل قانونياً بالإمارات (أب إماراتي يحمل جواز من الشارقة ، أم وافدة) في حال كان الفرق بين عقد الزواج الشرعي والولادة تقريباً 166 يوم أقل من 6 أشهر؟
هل يمنع من استخراج شهاده ميلاد؟ وما هي الإجراءات والعقوبات المتوقعة؟
مع العلم بأن الأب معترف بالطفل قبل الزواج وبعده.
شكراً
Apr 25, 2025
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