Yes - another debt problem!
 

Hi all;

You will all be sick and tired of hearing people post this sort of message I know, and I'm sorry I have to put you all through it again, but i'd appreciate your view on a situation I have.

In 2007 I lived in Dubai with my family. We'd been there for years and it was home. All settled; good school; great. I was CEO and in DIC licensing terms, General Manager, of a company owned by an offshore group.

To my horror, I woke up one morning to the realisation that the guy who owned the parent company had basically run out of cash, despite telling me that all was ok and promising that the next tranche of cash to support our expansion would be there any day etc etc.

Long story short, I had to close the business down quickly. No bounced cheques or any mess like that - I just had to shut the door as I couldnt do anything else.

Banking with Barclays would be simple as an individual I thought. How wrong can you be. I told my Premier Relationship Manager of my problem, and that all would be ok. We were committed to the Emirate and I was confident that I'd find something else. Anyway - I had cash to survive on for a while. That was all ok he said - thanks for keeping me in the loop etc etc.

I had just drawn down a rent loan and had a Barclaycard with a small balance. To my horror, when I went to use the ATM it swallowed my card. On enquiring with the bank I found that they had frozen my account, used all m money to pay a chunk of the rent loan back and left me high and dry. I challenged them and they explained that it was 'procedure'.

Confident that I would find another job, we started to use my Emirates Bank and First Gulf Bank cards to survive. Stupid in hindsight but I had a number of good job opp's on the go and was certain it would be ok.

Anyway, you guessed it, things did not come right. One day Emirates Bank simply said that they were going to bank my security cheque as I could not settle the full balance today. I tried to come to an agreement with them, but because I had no job they would bank the cheque. "You have no salary - how can you pay us a monthly amount - so we'll bank your security cheque instead." Insane.

So, bottom line was that I got me and my family the hell out, and we returned to our home country. My intention always was to secure employment, settle the debt and return. I then had a serious accident and found myself in hospital for 5 months. It never rains but.....

So, I now have a good job and want to start chipping away at the debt I left behind. Trouble is, the banks dont want to talk. I'm certain that they have all just opened cases and thats that - they will wait for the Police to get me and then they'll talk, but I want to hit it head on and deal with it.

The guy I mentioned earlier in my post is under trial at the moment. I gave evidence and have been pursued by some unsavoury characters ever since, so we've been thinking of changing our name. Actually, the Police advised that but it feels like running away.....

1. I want to pay the debt
2. I want to return to the UAE.

How should I check what the state of an cases against me are?

If we did change our name, would that mean I could get back into the country to at least drive things from within, even if its not me actually going to the banks etc?

Does a different name and passport get me around airport issues? If it did, I could at least get into the country and start sorting my issues out - it would be easier to manage if I were local.

Before anyone lambasts me for being a bad dude and bouncing a cheque - please note my difference: I'm actually trying to get back to pay my debts off.....

Keen for your thoughts all. Sorry to ramble. Thanks for reading.

Re: Yes - another debt problem!
 

WOW I have absolutely no idea, but if you make it back in I'll buy you a drink!

Good Luck!

Kittycat

Re: Yes - another debt problem!
 

I've heard of a lot of people desperate to get out but not to get back in . First of all i wouldn't put my liberty in jeopardy to banks in the U.A.E for any reason ever.

I would try and do everything from outside the country as these people will just lock you up fella.
There's a lot of people that have genuine cases to sort out and there are also people who have just done a runner as well.

I try not to judge as i'm not in that position but the banking laws and criminal cases filed against these are prehistoric and outdated , they have no place in any court in the world except in this backward place.

Good luck

Re: Yes - another debt problem!
 

It is practically impossible to negotiate with the bank's collection departments whilst in the UAE so I would forget even trying to talk to them from afar.

Without criticizing you, I tried to ' do the right thing' after redundancy and stay here and pay things off, but instead I spent best part of the year in prison. Now I wish I had got out as many others have.

The main problem lies with the poorly educated, semi literate, commision based faceless collection staff who wield the threat of police case at every opportunity. Assuming that the bank would want their money back rather than throw someone in the jail is a mistake I and many others have made

If you really want to clear the banks, then find and contact someone senior at the bank, preferably Emirati who hopefully will instruct the collection department to try and settle with you.

But do not come near the UAE if there are pending cases, the police at airport have no choice but to detain you and then you are caught in the system.

If they have made cases, and you settle, you need a release letter from the bank, that has been processed and stamped by the judicial court, in your hand (original copy) before getting on a plane.

Do you really want to come back??? If not, The banks claim a large percentage of the money you owe from their insurance company so I wouldnt feel too bad for them, if its your conscience, its applaudable but I would suggest giving the money to a charity or deserving cause instead.

GL

Re: Yes - another debt problem!
 

Thanks for your feedback all. I have to say it is a dilemma. I guess one of my main worries is whether or not I am safe to travel anywhere in the region.

I suppose I'd better start by getting a local lawyer to enquire with the system to see if and what is registered against me, and just go from there.

Its just that feeling of always having to look over your shoulder that drives me to wanting; needing to settle things off and to doing the so called right thing. I have to say thouhgh that it is clear from dealings to date that they dont want the money, just revenge. They are actually only focussed on locking people up, and not settling. Quite perverse really when you hear the Dubai 'stories' in the press from afar.

Anyway - thanks again. Keen to hear of any other views out there of course.

All the best.

Re: Yes - another debt problem!
 

The phrase "once bitten twice shy" springs to mind here. Why on earth would you want to risk everything by returning? Surely the last experience would have taught you something. I would try somewhere else if I were you.

Re: Yes - another debt problem!
 

I am with the others and can't see why you want to come back into the UAE, once you have saved up enough cash to clear every single debts, then apply for a new passort in a different name and give it a bash. Good luck

Re: Yes - another debt problem!
 

Not if he has previously done the iris scan tho'!!!!!!!!!

Re: Yes - another debt problem!
 

valid point, in that case he can have an eye transplant and return :rofl:

Re: Yes - another debt problem!
 

Perhaps I'm innocent but how do you apply for a passport with a different name? Change your name legally?

Maybe I am missing something...

N.

Re: Yes - another debt problem!
 

yes, add Mother's maiden name :)

Re: Yes - another debt problem!
 

and join the wonderful, exclusive club of the double-barrelled.

Re: Yes - another debt problem!
 

you are double barrelled aren't you?

Re: Yes - another debt problem!
 

*keeps mouth firmly shut*

Re: Yes - another debt problem!
 

I was triple-barrelled this morning, first by a Yemeni, then by a Philipino and then by a bloke in a dress. Drive a VW: mine was relatively unscathed, the Corolla that went into me is probably a write-off, the Yank camper thingy that went into the Corolla was pretty smashed, and the pick-up at the back of the queue was a right bloody mess. Felt all 3 impacts.

Re: Yes - another debt problem!
 

how is your neck?

Re: Yes - another debt problem!
 

OK thanks, but should've followed the Defensive Driving course I went on and made sure a) that I was controlling the cars behind by a combination of keeping my distance from the car in front whilst using my brake lights to alert the prats behind, and b) that I had an escape route just in case, as was the case, that the prat behind couldn't stop in time. Although PC Abdul-Plod (double-barrelled) seemed to accept that it wasn't my fault, in truth you should never be rear-ended: not only should you leave enough room in front so that you can stop before you hit anything, you should add to that a factor to ensure that you don't have to brake so hard that those behind you can stop too. Not as guilty as the mashed ones behind me, but partly guilty nonetheless.

Might be a bit stiff in the morning.;)

Re: Yes - another debt problem!
 

:eek: snigger snigger

Re: Yes - another debt problem!
 

It's easy to change your name, just swear an oath at a solicitors and it's done. Then use that to obtain your passport. I've done it, and not for any scandalous reasons. My mother changed my name to my step dads when I was a kid and I changed it back to my Dad's when I went into the same industry.

Re: Yes - another debt problem!
 

Yes, its the same in most european countries.

Have decided to stay away on balance I think.

Re: Yes - another debt problem!
 

Unfortunately the Collections staff in EmiratesNBD are a bunch of morons, this includes their senior staff. Don't blame the agents as they're simply following the bank's retarded policies. I think you should send an email to their CEO directly, explaining your problem and include copies of correspondence with their Collections staff.

Re: Yes - another debt problem!
 

Yes, I did that. I wrote to Doug Dowie - one of the most senior people in the bank. Being a brit, albeit emirati-ised, I thought I'd at least get a reply. Nothing. Nada.

Re: Yes - another debt problem!
 

Not Doug Dowie...He is no longer with ENBD (since the past 4 years)!

Will send you a pm.

Re: Yes - another debt problem!
 

Interesting. I'm able to apply for dual nationality but never bothered - maybe I will with a different name to suit my international man of mystery jetting setting lifestyle...

N.

Re: Yes - another debt problem!
 

are you famous?

Re: Yes - another debt problem!
 

Write to John Eldredge or Kevin Flannery - both good guys who will take you seriously (give them the whole story), and forward your e-mail to someone who will actually help.

http://www.emiratesnbd.com/aboutEmir...anagementTeam/

Re: Yes - another debt problem!
 

Forget it and move on.....far too many pitfalls and I think you should use that energy to face things head on with accumulating wealth in the UK or elsewhere.

As with the passport, name change. Deed poll is linked to your original name, a UK passport is linked to interpol, your bank account, and a plethora of other services it really depends on how good the security is at the airports and I would imagine they are pretty damn good. Just think about all those times you were asked for your passport so you can be ID'd, your passport number is probably floating around in places you forgot about. If you have dual nationality go apply for it.

I would bite the bullet and forget about it and move on, actually I would be more concerned about the trial of your former boss and what the implications of any judgement will have on your own career. We all make mistakes and screw up even the most talented of us, and no one envisages being trapped in debt, remember its only money not peoples lives. So before you raise your banner and go back to the promised land, think of your wife telling your kids that daddy is banged up abroad because he ran into a little credit card trouble.....do yourself a favour dude and move on.

Re: Yes - another debt problem!
 

Nah!!!! Just extremely arrogant and pompous (_o_)

Re: Yes - another debt problem!
 

with all due respect, and i understand you want to do the right thing, but you got to be frigging crazy to want to come back over here and try and sort out your debt issue - the sec you land at dxb you'll be banged up.

My cousin bro was living and working in AD for Alder...he got made redundant Jun09...he relocated back to the UK.

He had a car loan with Mashreq bank....he must have sent a zillion emails to mashreq trying to address the car loan issue....never got anywhere with it. (The car has been sat in my basement car park ever since).

Finally last week he was contacted from a UK debt collecting agency regarding the car loan.

I guess this means sooner or later the situation will come to your doorstep, but at least this way you are in a country where they cant bang you up for debts.

Re: Yes - another debt problem!
 

and they'll not get the money either , zero juristiction for a foreign unsecured personel debt.

They'll try it because the Banks are skint

Re: Yes - another debt problem!
 

Great and sensible answer...

Move on and forget about it. Benidorm of the noughties.

Re: Yes - another debt problem!
 

Benidorm of the noughties .....bang on with that description..!

Re: Yes - another debt problem!
 

yep you're right...am waiting to hear from my cousin bro what the latest is.

Re: Yes - another debt problem!
 

Your cousin is your brother?...that explains a lot!