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Ash
Ash, Solicitor
Category: Law
Satisfied Customers: 10916
Experience:  Solicitor with 5+ years experience
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I took out a loan in the UAE and a short time later lost my

Customer Question

I took out a loan in the UAE and a short time later lost my job, I realise that the law in the uae would have had me inprisoned so I left.
I made contact with the bank until June of last year to try and work out a restructuring to repay but they were adamant the only way was to pay my installments as agreed initially and weren't prepared to re negotiate
I have recently had contact from a debt collection firm in the UK asking to discuss a re- payment plan
Can you advise as what I am to do as I can not afford the payments requested
Thanks
Submitted: 2 years ago.
Category: Law
Expert:  Ash replied 2 years ago.
Hello my name is ***** ***** I will help you with this.
What country is the agreement governed by please?
Customer: replied 2 years ago.

as he loan was with national bank of abu dhabi i believe it is uae

Expert:  Ash replied 2 years ago.
Ok. Anything about enforcement elsewhere?
Customer: replied 2 years ago.

Alex I really don't know as i haven't got the papers in front of me

Expert:  Ash replied 2 years ago.
Ok. Can you check?
Customer: replied 2 years ago.

Not from where i am as i am out of country and away from home

Expert:  Ash replied 2 years ago.
Ok. If the agreement say it's governed by UAE law and it can't be enforced anywhere else then there is nothing they can do. If it's governed by UK law then they can pursue you here. So it's all about the paperwork.
I would imagine as if was signed there it would be by UAE law. Therefore it can't be enforced in the UK.
Can I clarify anything for you about this today please?
Alex
Expert:  Ash replied 2 years ago.
Hi

I am just following up to see if there is anything else I can help with?

If this answers your question might I ask you to rate my answer before you go today please, the button should be at the bottom of the screen.

If you need more help please click reply.

Alex