job loss and unpaid personal bank loans

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jill13 Active member

Member since 22 December 2009

jill13Active member08 January 2010 05:34:27

Hi! everybody can you please advice me on this matter. My husband works in dubai and we all know that still crisis is not yet over, last dec my husband almost lost his job but thanks to his boss and he save him, i wonder what is dubai law or bank law if you happen to loss your job and you still have unpaid personal loans?are they going to jail you? Please anyone could give an advice so will know what to do......

aneesh58 Guest

aneesh58Guest08 January 2010 22:10:41

214245

Hi, some banks giving time up to 6 months if you contact them with supporting documents. But if bank alraedy reported to police, then things will be different

vodkacookies New member

Member since 21 September 2009

vodkacookiesNew member10 January 2010 01:53:29

Hi Jill... you can check my post about unpaid loans.. hope it helps you..

zoltari Active member

Member since 10 November 2009

zoltariActive member10 January 2010 13:57:32

im sorry but i think he will end up in jail. my cousin did the same...

naturalbornkiller Guest

naturalbornkillerGuest11 January 2010 06:30:54

It depeneds on case to case bases, normally the simple thing is that you have to pay...once you leave country without paying then there is some sort of bann and they will arrest on your arrival....

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