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Can I negotiate with the bank to pay debts without interest fees?

I'd like to inquire about the possibility of negotiating with banks in the UAE to pay debts without interest fees.

According to new laws, do they file an Interpol case, given that the debtor is outside the UAE?

Thanks.

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Dar Al Haqooq Legal Consultancy
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6 Nov 2023, 07:57

Dear Client,

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

Negotiating with UAE banks to settle debts without interest fees is possible, but it depends on various factors.

Interpol cases are typically not filed for debt-related matters alone, as they are civil issues.

If you have outstanding debts, contact the bank to discuss settlement options, seek legal advice from us, understand UAE debt laws, maintain documentation, and consider mediation for resolution.

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

6 Nov 2023, 08:54

Thank you Abdul Wahied!

Please share your what's up number.

6 Nov 2023, 13:37

You can reach us via WhatsApp or Email.

Note: Please contact during office hours only Timings for the office are 10:00 AM - 6:00 PM (Monday to Saturday)

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Ibrahim Al Banna Advocates & Legal Consultants
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6 Nov 2023, 10:45

Depending on the case, they can report to Interpol, however, if you want to check your status in Interpol, I can do that for you, feel free to reach out to me through phone or WhatsApp.

7 Nov 2023, 13:47

Why do they file interpol case for civil issue ? Amount is less that 200 000 dirhams and as per the new law, it is no longer considered as criminal case!

7 Nov 2023, 14:07

Like I said it depends, if they want they can after no result from execution order.

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KHE Legal Consultancy
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6 Nov 2023, 11:12

We can negotiate with the banks to decrease the debt amounts but the possibility of acceptance of this offer depends upon the fine amount and the defaults you had made.

The imposition of an Interpol case also depends upon the bank policy and defaulted amount.

If you need our assistance in this case, please provide your WhatsApp number.

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Amiri Advocates & Legal Consultants
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9 Nov 2023, 10:56

Interpol pursues criminals convicted in criminal cases, and failure to pay a debt is not a crime, but rather a civil case.

11 Nov 2023, 16:06

Dear Ahmad,

May I have your contact details?

12 Nov 2023, 12:34

WhatsApp by writing only.

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