my friend need help pls.!!!

QL... never fails to amaze me... :p

_________________

call me ONE.

geez!

i pity the kids,:-( perhaps the wife and the kids should go back to home country asap. mariz, do pm us for the name of the family and number. we could make a contribution at least for the tickets of the wife and family. im sure lots of our fellowmen will help. pls. pm me or wolfman.

mo lang!

Dear mariam perhaps u didnt read my post. Plz read the FYI section again and again until u understand the last word of it.

Wolfman,

Guarantor is used as a additional security.

Which means in case the person who has take the loan defaults on his payment, the guarantor has to pay on his behalf. I said to get a guarantor just for assurance to the bank that this guy wont default in his future payments. In between he has to pay his monthly payment on his own or the guarantor will be penalized. And yes a guarantor will ensure u wont end up in jail(Depends case to case but most of the time u r safe). Any property possesed by a individual outside Qatar wont be accepted as a mortguage or security because it does not fall in Qatars judristriction which does not allow any bank in qatar the rights to liquidify the said property (this too depends on the severity of the case). The loan contract is signed under the laws of Qatar.

The best option u have in this case is Mortguage the Property back in your home country bring the money here and pay ur debts.

But in the above case the Guy can just liquidify the property and pay his debts here and save him self.

"The strenght of a man can only be measured by his ablity to forgive"

~~Adios~~

i know some people who's in a worse situation than mariz' friend.

maverickss,

thanks for the advice/ solution you offered mariz.

slightly off the topic question, are guarantors enough to ensure that the guy won't be jailed or should there be a surety?

also, in the case that no guarantors step in, can he use the property from his native country as colateral assuming that the bank operates internationally?

sorry for my ignorance regarding bank laws here in qatar but it seems you have an extensive bacground on the subject.

thanks in advance!!!

"For the strength of the Pack is the Wolf, and the strength of the Wolf is the Pack."

usap tayo sa Barangay Qatar!

Four years or ten years before, bank wont give a loan to these job category...

"There's nothing we can do to change the past, if it teaches  you a lesson profit from it then, forget it."

Your friend is amazing, he made to loan as much as that plus credit cards, and just as a waiter or cook....Who on the earth is stupid bank gave that loan to him? And you were been fooled to believe them,,,, oh men,,,,now no one in QL is not stupid to believe it!!!!

"There's nothing we can do to change the past, if it teaches  you a lesson profit from it then, forget it."

There are a few things u can do in this situation.

I dont care if the story that u have said is true or not. But its a problem which i would like to put my opinion on.

1) Since u mentioned his family is here, does his wife have a job in Qatar. If yes, is she in any position to help financialy. The people who know him very well and know that he is not a cheat have to step in. Example people like u and ur husband. 2 people guarenting for a guy would ensure that, due to the loan he has with the bank he wont wind up in jail(2 guys as garantors would be an exception given by the bank). There is a lot of math calculation involved in this, in regards to the Obligation criteria which is 50% as per QCB, So u need some one as a garantor who has a handsome salary and a minium Obligation or a QATARI GUY.

2) If the wife doesnt have a job she needs to search for one. Or she should take her children and leave Qatar ASAP. and find a job back in her own country. to make a contribution (financialy) to solve this matter.

3)U mentioned in ur post that they used the money to build a house back in their home country. I dont see any need for that now. Ask them to sell it off and pay a partial payment to the bank. Infact in ur post u mentioned he has paid already for 4 yrs. If so his debt to the bank would be nearly bit more than 1/4th of the loan amount he has taken. So by selling property that they have, he can pay of the loan and a handsome amount on his credit cards. Doing this he will buy time for himself. To look into making serious money, finding a Job etc.

4)For the cheques that have bounced he needs to spk to the bank and the legal Dept and find a solution since the case has already been registered.

And ofcourse make sure he gets in touch with a lawyer for legal procedings.

FYI

THE GUYS WHO FEEL THAT 300,000 Loan is hard to get. Sorry to say, but u guys were so sleepy that the world around u changed, but u were not able to notice. Before the finincial crisis (resession) happend banks were lending like crazy and this guy took loan 4 yrs back when DOHA WAS ON A MAD RUSH TO GIVE LOAN, THE GUYS WORKING IN PERSONAL LOAN DEPT MADE A COMMISION OF 65,000Qr per Month. Ask any seasoned person who was involved in this mad rush. He took a huge loan sent it to his home country. Invested in fixed deposit. The interest he got from inital deposit was more than the interest he paid here. Or he invisted in property.

But thats maths that u guys wont understand cause ur tag line is " I AM CONTENT WITH WHAT I GET" the best tag line for a looser.

In between Mariz if u need help mail me @ [email protected].

"THE BIGGEST RISK IN LIFE IS NOT TO TAKE A RISK"

there are so many twists and turns to this stiory.

i think mariz is asking us for opinions and advices on how this issue can be settled. she's not soliciting. if you have any other brilliant ideas on how to solve this responsibly please state it here.

so mariz, how is your friend? how about the complainants? you did not reply on my PM. hope the advice i gave was helpful..

"For the strength of the Pack is the Wolf, and the strength of the Wolf is the Pack."

kabayan! usap tayo sa Barangay

Do you really think somebody will come up and offer to pay the loan ?

The next move would be pay up the loan ...

next move?... is posting your friend's problem the first move?

300 000 for 60 months it's a payment of 5000 a month BEFORE the interest... I am wondering what are salaries of the waiters in qatar? maybe it's worth to apply?

*********************

“You become responsible forever for what you have tamed”. Antoine de Saint-Exupéry

i help them as i can b'coz they had 3 children i just ask more advice to know the next move.thank u any way for the comments...

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.good suggestion, dear dora...

.

.seems to me that mariz is so concern, so why don;t she settle the problem herself, hmmmmm:(

mariz01...why don't you pay his debts off?

Go on shoot me but I have to ask...

is this guy Lebanese or Greek by any chance????

Bowlocks......don't believe it for a minute......

hope this could be of help... my friend is looking for personnels to do a parttime job on ocassional basis ... send me pm for further interest...

~~Life's Cycle~~~

what QR300,000 bank loan?! Is this for real?

“Learn from yesterday, live for today, hope for tomorrow.”

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Something as simple as borrowing money says a lot about a person. Not to be mean here, but it seems obvious that he had it coming. That doesn't seem like a reasonable amount of debt considering the salary is only QR9k. If a grown man puts himself in that position, it makes him a fool. We can't all be winners.

he live a good life over 5 years thru the expense of the bank. I envy him... i can not even get a 20K loan from my Doha bank:-(

katas ng qatar

"for almost 4 years they dont stop helping others.and some of his friends they borrow money but now they dont return his money" --- sorry to sound like a selfish one here, but if he and his family were in such a mess already, how come he still went on lending money to others? don't get me wrong, i don't have anything against helping others, i am all for it, but only to the extent of what you can give... it's ok to say no to someone borrowing money if you really dont have the means of doing so...

mariz01...have u read my comment? qouted: "hey mariz tell us. im excited to know how it happened...."

any smiling face u can see from my post? any hahahaha?

we want details... you posted and you actually opened up the idea of having that huge amount of loan. In this time where in some of us is on crisis who will not be interested in your friend's husband story?

It's not a crime to look after the welfare of his family but he should know his limitation in lending money.

Life is not always about money, it's living in simplier ways and be contented.... and life is not about spreading rumors about your friend's husband. If you want my advice, try to lend them money.

If i got you irritated because i had myself involved in your post, I can just imagine how your friend will feel if she founds out you posted her problem in QL without her knowing......

but its really INCREDIBLE...UNBELIEVABLE...Im astonished how it happen...

Am sorry for his family...people should just spend money in accordance of how much they could earn...be frugal...especially in times of this global financial crisis...

im sensing that this guy, who you want to help is also a QL member... and he did post the same thing before, seeking for legal advice, am i right?

Incredible, no comments at all.

I just relax and think how smart i am.

really a big PROBLEM...

NO COMMENT!!!

mariz ur friend's husband responsible for the downfall of Qatar's economy.

Aana free, jaana free,

Pakde gaye tho khana free.

fefee,actually his salary is less than 9k.the bank allow him to take a loan 3 times they use for his brother hospitalization and helping others/family was cheated twice with BIG amount.

ENIGMA actually that amount less the montly deductions for about 4 years and he take loan 3 times.so maybe almost half the remaining loan.

but anybody that gets themselves in debt over here is a an idiot.

If this story is true, shame on the banks for lending so much money to this person who does not earn enough to pay it.

But come on, over here, getting into debt a big NO, NO!

My thoughts are my own, but I doubt my Mum would agree with some of them.

britexpat if ur not able to help just give good comment/advaice thank u

What you need is a lawyer and not Qatar living!

You live the live of Donald Trump and know you face the trumpets of desperation.

Tough luck!

Westerners will do a mental count of Hadji's inside any aircraft, at any airport, before take off...

Peter Russel

ZHBBY- i ask advice and help for my friend husband so please if ur enjoying while somebody suffering sorry for u.

mallrat/his not cheating he was cheated actually by indian nationals twice!for big amount he spend the other money for the house rent but not enough to pay the full amount/rent.

salax85=actually they build house their home country and his helping his dying brother for almost 4 years they dont stop helping others.and some of his friends they borrow money but now they dont return his money intend they dont stop rumors about my friend husband.

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.not financially literate? is that an excuse for spending somebody elses money?

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mbijlee my friend husband loan actually 5 years to pay and as i know he take 3 times that's why the total become 300k.less his monthly deduction about 4 years we don't know how much the remaining sorry if u think this is not real but i know this couple for long time and we can't call him cheater,i can't explain it but any way thank u for the comments.

this is really a complicated situation. very.. for the people telling mariz that her friend's husband doesnt deserve any help, shame on you guys. she is asking help for someone she knows, can't you show just a bit of compassion and humanity on the matter? do you guys really blame people who are not financially literate or do you help them?

anyway, mariz, if you can giv us, the people who are willing to help your friend, some more details, we would be more than happy to think of a way to resolve this. youre very welcome to PM me if you're afraid of what others will say but very advisable if you just post it here and ignore the scrutinies.

"For the strength of the Pack is the Wolf, and the strength of the Wolf is the Pack."

kabayan! usap tayo sa Barangay

hey mariz tell us. im excited to know how it happened....

MARIZ I NEED AN ADVICE FR YOUR FREIND HUS. MY BROTHER IS A WAITER IN A HOTEL. HIS MONTHLY SALARY IS 2000 QR. HE NEED A LOAN OF 200,000 RIYALS, COULD YOU KIDLY CHECK WITH HIM AND GIVE DETAILS OF THE BANK AND FORMALITIES FOR THE LOAN. APPRECIATE YOUR URGENT ACTION. IF LOAN IS SANCTIONED HE IS READY TO PAY 1000 RIYAL FOR YOUR HELP!!!!!!!!!!

this is really unbelievable.... a bank actually loaned him 300,000 QR??? something doesn't seem right here.....

Slightly off topic, but sub letters dont deserve sympathy as they are just as evil as those real estate monsters.

his a gud friend of yours as in good? how come he has a loan of that much 300K (4million pesos) working as waiter? ???? where he put that money? where he spend that big amount? if he has a business, he can return that money? poor OFW! he did not anticipate of what's in the future hayz.... in 5 years where's the savings?

Advice: return all the money he borrowed

2. start again from scratch

hayz....

HI MARIZ WHY U BOTHER ABOUT YR FREIND HUSBUND. THE STORY IS INTERESTING. WHICH BANK GIVES 300,000 THOUSAND FOR A COOK???? IF HE HAS OUTSIDE BUSINESS LIKE RENTING FLAT, PARTIONING VILLAS LIKE LIKE THAT MEANS HE IS A GREEDY MAN. WITH THIS VERY VERY GOOD BACK GROUND WHO WILL GIVE A JOB FOR A CHEATER LIKE THIS. A COOK / WAITER EARN MAXIMUM 5K PER MONTH ONLY IF HE WORKS IN A 5 STAR HOTEL.

I STRONGLY DOUBT THAT IS THIS YOUR HUSBUND? NOBODY CAN CHEAT OTHER PEOPLE ALWAYS!!!!!!!!!!DONT THINK 2 MUCH ABOUT YR FRIEND HUSBUND. BEST OF LUCK!!!!!!!

to mariz01.....

1. 5 bounsing cheques...?

2. 3 credit cards unpaid...?

3. 300 thousand qatar riyals bank loan...???

... most tricky is this:

4. personal problem outside like renting flats/villa...????

well, somebody should educate me. FLATS (means they have lots of flats???) & VILLA...??? in other word he has a different houses.

please enlighten me.... how can we help me. tell us what is real and what is NOT...

I don't think all that you've said are true...

Good Luck..

oh my goodness!!!!!!! how the hell on earth could some one let such thing happen to them? what was he thinking?

by the how is it possible for a cook to have the ability to credit 300 000? which bank give such credit? i though one need minimum salery of 20 000 to get proper loan from bank? hello??? can some body make things clear up here?

action speaks louder than words

I bet then soon he will get big trouble.

300.000??.. I couldn't believe it. He start then he must end off.

He going to get thrown in to jail if he cant pay up his debt ...

Right on the spot, brit.

This may sound harsh, but he's got himself into this mess, so why should anyone help him.

000, no, the story itself.

Mc' Donalds ? :P

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huh? 3000 or 300,000 ? confused !

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rms..!!

I'm loving it.

his personal problem outside like renting flats/villa

Was he moonlighting and subletting villas on rent at a higher margin….. now that the bubble has burst and rents have come down he is in trouble.

[img_assist|nid=50852|title=hmm|desc=|link=none|align=left|width=|height=0]

how on earth as a waiter you can rake a debt for QR 300 000?

Am I correct in my understanding that if an employee skips out on his loans/obligations the sponsor will be asked to pick up the tab? If that's the case, I can't see your friend's husband being hired with 300,000 QR of unpaid debt (as a cook/waiter?!) Sorry.

Mandi