Q: I unintentionally left the UAE in 2016 due a to family emergency with an unpaid credit card and a few loans. Since I have got confirmed by a Dubai based colleague that I have a police case already for bounced cheques cases. How do I go about the settlement from outside the UAE? I have heard of the fines imposed as well as bounced cheque criminal case has been demoted to a minor misdemeanour in Dubai. Involved banks are ADCB (loan of 120k), FGB (credit card - 70k), ENBD (credit card - 20k), HSBC (credit card - 13k) and CITIBANK (loan of 31k). Thank you for your help. Please advise on the action that I can take to settle my issue without going to Dubai, UAE.

Q: Dear Ahmed, Eid Mubarak! I lost my job two years back and I have been on a couple of visit visas without luck! I have a loan which I was able to pay the first few months of being laid off, however, I couldn't afford to until the bank deposited one of the security cheques. I was arrested while exiting the country, and fined where I was handed over my passport. I am back on a visit to look for a job but the bank has threatened to open a civil case, what are my options? Will they take me to jail? Is there a way I can request the court to allow me to pay little instalments until I get a job? Kindly advise

Q: Hi Sir, I have a personal loan from a bank with an amount of AED 100,000/-. Due to my health issues and family issues, I left the UAE and now in my home country. I don't have much money left with me as I had so much family issues where I spent the money, and now I do not have enough money to pay back the loan. I want to come back to the UAE. Is there any way to solve the issue?

Q: Hi Sir, I am looking forward to having a debt solution in the UAE. I am currently not in the UAE and I did not pay to the banks since August 2018. Otherwise, I had been paying since last three years. I have 5 credit cards & one personal loan. Can you please help me in this regard?

Q: I have a loan from a bank of AED 190000. It's been a year. I lost my job in the month of October 2018. Till March 2019, I was paying EMI. Starting this month, I am not in a position to pay. I went to the debt collection dept to reduce my EMI, but they're asking for an offer letter from the new company to reduce my EMI. What is ur advice on this? Note: I missed one month EMI last Dec 2017.

Q: I had a credit card balance of AED 71000 to a bank in the UAE. I asked and was given a settlement offer of AED 60000 (credit limit of card) for 12 months payment period which I started paying last Nov. 2018. On February 2019, our salary came late and I paid the bank on the 26 of February instead of 18 Feb due date. I was in communication with one of collection officer of the bank during that delay period. I made the payment on time in March and April of 2019. I was called by another collection officer on 5 May 2019 asking me for payment due on my card because according to her, my settlement offer had been cancelled. I had asked the bank for reconsideration because I had only a few months left to complete the payment. I'm waiting for response up to now. What are my options if the bank rejected my request?

Q: Hi, My name is A. I want to get your advice about my debts. I have 7-8 cards worth 250k and 200k personal loan. My salary is just 10k and I have my family with three grown-up kids and 60-70% of my salary goes in school fees, rent and other related expense. My personal loan is auto-debit that means I am left with nothing to pay the instalment of the cards. I need your help in settling this issue on priority. I am overloaded with debts and need immediate help. I have spoken to the banks and explained my problem; they are least bothered. Interest and late payment fees keep on mounting up making the amount a big challenge. The banks have been charging me interest for years and still no help is expected from them. I would request you to suggest some amicable solution to my problem. Looking forward to your valuable suggestions. Thanks, A.

Q: Hi, I have 5 cards and 2 cash on card loan, and all total is AED 150,000. My salary is AED 12000 and I can't pay the minimum amount because of a shortage of funds. Now, I am really stuck in this, all my money is going to this. Can anyone help me with this? How can I come out of this? All the time I am in real stress because of this. Thank you S.

Q: Dear Ma'am, I have an outstanding loan (amount: 25k) for a bank but unfortunately, I have lost my job last April 2019, but now I want to settle it. So what is the minimum amount I should pay to avoid any future consequences? Thank you! Best Regards, R.

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.

The provisions of this Decree by Law amend the Federal Law No. (18) of 1993 by replacing Clause (4) of Article (379) as well as Articles (600), (617), (641), (642), (643), (644), and adding new articles numbered (635) Bis, (641) Bis (1), (641) Bis (2), (641) Bis (3), (641) Bis (4), (643) Bis (1), (643) Bis (2), (644) Bis (1) and (644) Bis (2). The Decree-Law also repeals Articles (401), (402) and (403) of the Federal Law No. (3) of 1987.