Q: Hi Need your assistance to settle cards. The case has not been filed yet but I want to settle ahead of that.

Q: Dear Sir, Request to a bank for loan statement of account. The bank is not providing a statement of account without clearing an outstanding EMI. I have not paid 3 EMIs. I want to know the balance to transfer the loan to another bank. What do I have to do to get the loan statement of account? Thanks and regards, V.

Q: I left Dubai 10 years ago with an unpaid credit card and a personal loan. I was contacted a few times by a number of different collection agencies but none were willing to put an affordable payment plan in place to repay the debt and I was not in a position to settle the debt in full. My husband has now gotten a job in Dubai, how can I resolve my case so that I can travel to Dubai with him?

س: استفسار بسيط. صدر ضد الشخص تنفيذ تجاري بمبلغ والمبلغ هذا لزوجته السابقة الأولى، وعنده أيضًا نفقة للأبناء من الزوجة السابقة. السؤال: هل يمكن الدمج بين القضيتين في التنفيذ بحيث يتم التقسيط وأيضًا دفع النفقة شهريًا؟ لأنه في حال سجن الشخص لمبلغ تنفيذ التجاري كيف يكون وضع النفقة وهو في السجن ولا يعمل؟ محاكم دبي. وشكرًا لكم!

Q: Hi, I have an ongoing personal loan with a bank, the current outstanding principal amount is AED 80,000/. This is through my salary account and until today, I haven’t missed even a single payment. Here, I have requested my bank to reschedule the current outstanding principal amount which is AED 80,000/- over 4 years of tenure but they have rejected my request and provided me with a reason that my Etihad Bureau Scores are low. I have explained to them about the previous scenarios where I wasn’t able to pay on time for my credit bills and there were some other late payments related to the telecommunication. Long story short, They are not providing me with any assistance. As of now, for me; paying an EMI of AED 4,800 every single month seems very difficult. Please advise.

Q: How can I know if a debt consolidation firm is legit? My friend has consulted an agency for his debts to be consolidated and he was asked to pay AED 3,000 in 2 installments. And the charge for power of attorney is separate as well. How effective having this debt consolidation firm?

Q: Dear Sir/Madam, The owner of the company, who is a 100% shareholder, is willing to transfer a loan to the company account. 1. Is it allowed for the company and shareholder? 2. If it is allowed, based on which law is the regulation of it? 3. How long a period is allowed for loan return? 4. Can it be an interest-free loan (credit)?

Q: Dear Sir/Madam, I have credit card loans with different banks, around four in total. Is there any way to negotiate and settle all of them together? Is there a special court authority or office, like an arbitration committee, for this? I don't want to settle them one by one; I need to settle all of them together.

Both creditors and borrowers must be aware of their rights and responsibilities when navigating the complicated laws and regulations of debt collection in the United Arab Emirates. In order to guarantee equitable treatment for all parties concerned, a set of laws and regulations control the legal debt collection procedure in the United Arab Emirates.

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.