Questions & Answers
Questions & Answers
4 available 4 • View allThe way of settling bank loan installments after moving to less paid job 
0
Q: I lost my job in six months. I got a new job but with less and delayed salary. I have a bank loan and I didn't pay for it in 6 months and pay only partially if I have money.
They deposited my cheque and I paid a penalty to the police station. Now, the bank called me again and informed me that they will register me for a civil case.
Please advise, if they pursued the civil case against me, what things should I know and do?
Thank you so much.

Aug 16, 2021
196
What to do if you lose job and have a pending bank loan
104
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

Jan 9, 2019
38840
The effect of an outstanding credit card loan on the issuance of a new work visa
7
Q: Hi Maam,
Good day!
My bank emailed me that they filed a civil case against me since I have not paid my credit card amount 50,000 AED for almost 8 months now.
I lost my job due to COVID 19, I am totally broke. Now my question is:
I finally found a new job, they are working on my employment visa but I am very anxious; thinking that this pending case against me may affect my employment visa application! Will this be a reason for future visa rejection?
Please enlighten me!

Aug 15, 2020
3922
The credit card people are contacting me after 3 years of non-payment. What can I do?


0
Q: Hi,
The credit card people are contacting me after 3 years.
They said it's a call from a lawyer's office and the guy writes provocative messages on Whatsapp to show that I am not willing to cooperate.
How long is the security cheque valid for?
Can they contact my employer?
The thing is I was paying until I found out that it was not added to the amount but considered as fines and fees!
Then I lost my job, left the country for 2 yrs, and came back. The amount they claim is 9k.
Thank you.



Oct 26, 2023
134
Legal blog
1 available 1 • View allThe 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
18990
Laws & Regulations
2 available 2 • View allFederal Law No. (3) of 1987 Promulgating the Penal Code 29
This Law promulgates the Federal Penal Code (Criminal Law) of the United Arab Emirates. Crimes and chastisement punishments shall be determined in accordance with the provisions of this Law and other penal codes.
Dec 8, 1987
48014
Federal 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
148650

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