Questions & Answers
Questions & Answers
3 available 3 • View allCan I take the settlement for credit card offered on the phone by collection agency?
0
Q: I agreed with the collection agency regarding my unpaid credit card dues and they sent an email to me stating that as agreed, in the telephonic conversation, I can pay the amount as installments and close the cards.
Is it valid to accept it as email from collection agent or I need to get the settlement agreement from bank on their letter head?
Kindly advise.

Jul 1, 2022
228
How to reach a settlement with the bank on credit cards to avoid collection agencies?

0
Q: I have credit cards from a bank in the UAE and the limit for both cards is 7500 but the outstanding is 9800.
I asked for a settlement of AED 4000 for both cards, as I paid more than 2 or 3 times the card limit and it's been blocked for more than 3 years.
The collection agent keeps on calling and saying a maximum of 3 installments for 7000 as a settlement but I am not able to afford that amount.
Also, the bank is denying to talk and telling me to contact the collection agency for settlement and the bank is not responsible for this.
Can you please guide me in this?


Feb 15, 2023
199
Settlement for a bank loan with the collection agency

1
Q: Hi Lawyers,
I have outstanding dues on my personal loan and the bank filed a case on that. I am trying to get a settlement through the debt collection agency.
They asked me to sign a financial letter for that, along with it, they need all my documents. Is this mandatory?
Is there any issue in signing the financial letter?
Is there any issue if I could not make the payment on the mentioned date?
Please advise.


Mar 11, 2020
755
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
221950
Failing to Honour Bounced Cheques in Loans and Other Transactions 8
An interview-format article covering the topic of loans and bounced cheques in the UAE. This is from the legal podcast of lawyer Ludmila Yamalova, the founder of Lawgical with LYLAW.
Jan 15, 2020
7037
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
148357

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If someone has a case in the UAE, can they travel to another GCC country? 0
Hi.
One of my friends joined a Telegram group. They said, "We will transfer some amount to your account, and your task is to transfer this amount to another account. Once the task is completed, you will get 30 or 50 AED per task."
He completed 3 to 4 tasks, but he realized it was not good, so he stopped. After one week, when he opened his account, it was blocked, and the bank said, "We are conducting an investigation; after this, we will let you know."
After some days, he had an accident and went to his home country. He then received a call from a landline number, which was from the Abu Dhabi police station.
They said, "We have received a complaint against you; come to our investigation department." However, due to his surgery and treatment, he could not go.
After some time, his bank account was reopened, and he did not receive any further calls. I want to know, if he comes back to the UAE or goes to any other GCC country, will he face any problems?
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I want to open an online shop. Do I need a license to open an Etsy shop? 0
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How much would it cost me?
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How can we locate a person with an ongoing legal case? 0
Hello,
I am seeking your legal advice regarding a friend who was previously imprisoned in Abu Dhabi. His case there is now closed, but he has another ongoing case in Dubai.
Currently, we have lost contact with him and are unsure of his whereabouts. How can we check where he is or access any other legal facility?
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I want to know the UAE rules regarding second marriage for expats. I am a Pakistani national and already have a wife back in my home country.
Now, I want to do a second marriage in the UAE with a Moroccan girl. Can you please let me know the procedure involved?
Can I get my marriage registered in the UAE? Is it mandatory to disclose the first marriage? I am on an employment visa in Dubai.
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Missing business partner since 2003. What to do about his share in the LLC? 0
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I am a manager of an LLC company with 25% share. In February 2003, a partner joined the company with a 25% share.
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I got a work permit and entry from a Dubai employer for work. What documents do I need to carry? 0
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How much time do I have to start paying after the verdict in the appeal court? 0
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Can an employer post an employee’s photo on social media without their consent? 0
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Can an employer post an employee's photo on social media, LinkedIn or Instagram, without the employee's consent?
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I believe LinkedIn and Instagram are personal profiles and one cannot be forced to update the details. This photo was taken in the office.
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