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Dubai, UAE

How to reach a settlement with the bank after the harassment of a debt collection agency?

Hi,

I would like to ask for advice on what is the best thing to do in a settlement issue with a financial institution. I had a police case and paid a fine in Dubai Court.

Now the third party is stressing my mind sending emails to our company. I arranged money for settlement but I will not pay the whole amount that they are asking me as it is too much.

Please help me to finish this issue so I can work peacefully.

Thank you.

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Maryam Hayyaz & Wejdan Bushahab Advocates
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27 Jul 2023, 15:05

Dear Questioner,

You may request the bank to provide you with a settlement agreement with the final amount to be settled.

Thank you

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Dar Al Haqooq Legal Consultancy
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28 Jul 2023, 08:14

Dear Client,

Thanks for your question, I hope you are doing well. I will definitely assist you with this matter.

To settle the issue with the financial institution, communicate clearly and negotiate a reasonable settlement amount you can afford.

Seek a legal service if required. Consider a payment plan if paying the full amount is challenging. You can also Notify the third party to stop any harassment.

For any further legal assistance, you can WhatsApp us. We have an extensive team of knowledgeable and experienced lawyers to provide the legal assistance you need.

We will definitely be happy to help you.

Thanks & Regards

ABDUL WAHIED

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