Questions & Answers
Questions & Answers
3 available 3 • View allSettlement of bank liabilities and ensuring clearance
3
Q: I defaulted on a personal loan due to loss of job in 2016. Then via my friend and transfer of POA filed case for settlement. I paid money to a friend for settlement.
Wanted to understand if I settle my case through court does the bank give a clearance letter?
My friend has submitted me an immigration clearance letter and also PCC.
Should I consider my self clear from all legal liabilities on the basis of immigration clearance and PCC?
Can the bank re-apply for the case against me in future? How can I close my bank account?
Are the immigration ban and travel ban the same?
What should I do to re-assure that everything is legally right?

Apr 18, 2019
3471
Is it necessary to get the letter of clearance from a bank notarized as a proof for the future?


1
Q: I am a UK-based citizen aiming to negotiate a settlement on a UAE liability with a large bank.
Am I correct in assuming the letter of clearance from the bank once the debt is paid will need to be attested by a UAE notary to stand up to scrutiny from authorities if I am ever detained in the future due to a police case related to this matter?



Jun 24, 2022
438
A friend borrowed money and won't pay back. What to do?


3
Q: Dear Sir/Madam,
I lent Dh35,000 to a friend in 2020 during the COVID-19 pandemic when he was under financial stress.
Now, when I ask him to repay the loan, he either does not pick up my calls or tells me that he is still not in a position to return the money. I also have a husband and the money is important to me.
What can I do to get my money back?
I have WhatsApp conversations and some remittance receipts from when he asked me for the money.
I paid him in cash. Can I file a police complaint?
Is there any other way to get my money back? I don't want to get him in trouble, but I also really need him to return my money. What should I do?



Jun 7, 2023
1409
Legal blog
1 available 1 • View allOnline POA and Other Notary Public Services in the UAE 28
With the introduction of the new procedures for obtaining a power of attorney (POA) remotely in the UAE, after it was mandatory to appear in person in front of the notary public as a global rule to ensure the identity and intention of the person requesting a POA, we put between your hands this brief guide for how you get it done.
Jun 8, 2021
19312
Laws & Regulations
4 available 4 • View allFederal Law No. (3) of 1987 Promulgating the Penal Code 29
This Law promulgates the Federal Penal Code (Criminal Law) of the United Arab Emirates. Crimes and chastisement punishments shall be determined in accordance with the provisions of this Law and other penal codes.
Dec 8, 1987
48021
Federal 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
148658
Federal Law No. (10) of 1992 On Evidence in Civil and Commercial Transactions 14
The provisions of this law On Evidence in Civil and Commercial Transactions (Law of Evidence) govern evidence in civil and commercial disputes in the UAE.
Jan 15, 1992
19167
Federal Law No. (11) of 1992 Concerning Issuance of the Civil Procedures Code 42
The law promulgates UAE Civil Procedures Code (Civil Procedure Law) which governs civil procedures in the United Arab Emirates, including the prosecution before the courts, litigation and execution.
Feb 24, 1992
75477

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How can victims file a group case for fraud, bounced cheques, and misuse of credit cards? 0
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