Leaving the UAE with car and property loans outstanding
Join Date: Apr 2009
Location: UK
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As professional aviators I would be very wary of getting on the wrong side of Allah. Whilst it may be your intention to never set foot in the UAE ever again your next employer might well have other ideas. Also imagine heading off on a nice holiday abroad and the captain announces that you are diverting to the UAE due a medical emergency.
Join Date: Aug 2008
Location: UK
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I have.
My post was only to illustrate that “debt collectors” in the U.K. are toothless. That is, or at least should be, common knowledge. Courts are another matter.
Join Date: Jun 2008
Location: Little Blue Planet, Far, Far Away
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Interpol chasing you isn’t correct. They have far more important things to worry about than people who default on loan repayments. Legally, not repaying a loan is not a criminal offence. Taking out a loan without intention of repaying it or making false statements to obtain a loan are criminal offences. The banks in the UAE keep a blank cheque, signed by the person taking out a loan, it used to be the case that if you defaulted on a loan they would present the cheque and the fact it would bounce then made it a criminal offence but I have heard that is no longer the case.
If you have loans and you decide to leave without repaying them, make the bank an offer of reduced repayments. If they refuse, it’s their problem, you have made an offer.
Of course, be careful, if you have to return to the UAE for any reason, you will be in trouble.
My wife is a civil litigation lawyer in the UK, she deals with this kind of stuff everyday.
If you have loans and you decide to leave without repaying them, make the bank an offer of reduced repayments. If they refuse, it’s their problem, you have made an offer.
Of course, be careful, if you have to return to the UAE for any reason, you will be in trouble.
My wife is a civil litigation lawyer in the UK, she deals with this kind of stuff everyday.