Can you get extradited to Dubai because of unpaid loans and credit cards?
I used to work in Dubai before and I got some debts left unpaid. I went back to my home country for about a year and now I found myself a job in Qatar. I'm here in Qatar for more than 1 year now. This bank wherein I got some unpaid debts due to credit card were able to traced me where I am working currently. They are asking me to pay this huge amount of money which is so impossible. I asked them to provide me a settlement plan but still the amount I need to pay every month is very high. It's more than half of my monthly salary what they wanted me to pay. This bank has a local counterpart here in Doha. Is it possible for me to go them directly and seek assistance in settling this issue? The party that is haunting me now is a law firm in Dubai and they are really threatening me that they will file police case and lawsuits against me here in Doha and all those sort of stuff.
I badly need some advice. I want to settle this with the bank with the minimal fee every month at least.
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A person escaped from dubai without paying his loan. How do I file a complaint on him?
This might seem a bit odd...but plz help me
The CFPB has finally finished its first regulatory investigation. The probe was carried out into credit card-related products sold by distributors employed by [url=http://personalmoneynetwork.com/moneyblog/2012/07/19/cfpb-capital-one/]Capital One[/url], in an illegal manner. The Consumer Financial Protection Bureau Capital One case has resulted in the bank having to pay more than $200 million in fines and restitution.
You can pay your loans as you work in Dubai. The CFPB has finally finished its first regulatory investigation. The probe was carried out into credit card-related products sold by distributors employed by Capital One, in an illegal manner. The Consumer Financial Protection Bureau Capital One case has resulted in the bank having to pay more than $200 million in fines and restitution.
HI Dhanyadk,
I have a Question for you...She is having case in Dubai...Is Qatar law allows for Dubai Bank to file a case in Qatar for debts in Dubai..Or Dubai Case can be transferred to Qatar..Please clarify..
@dhanyadk, you are passing wrong message to the community and encouraging people to run away with someone else money. You were not supposed to say these since you are working for a same dept in a bank.
@OP, you don't have much option left other than paying the due as per banks terms and condition. mistake is in your side that you runaway with their money and they had to trace you down. its not that you approached the bank and agreed to pay. how the bank is going to trust you to agree on your payment terms.
You should pay as much as possible and as quick as possible to get rid of this headache.
believe me, they can really trouble you here and back home. it happened to one of my friend (he took some loan from muscat and came to Qatar) they caught him and send him back to muscat.
so be nice and pay . have peace of mind.
Look for any one there to see if there is any erports agenst u in there
No..Way Dear. I think Seasons works for a bank. I work for the Legal department in a bank here and we knows the trouble to get people who escaped from here with out paying their dues. Dubai is no different either. But, I would say if you can pay...then pay. it is more of a moral issue and I don't know what situation you had to live Dubai because the whole state was going through a rough patch in the last 3 to 4 years. I also had some people I knew who settled their dues while they were in Dubai by taking minimal jail time to clear their dues and they were scotfree to obtain another visa in the same country. I am talking about people who just took jail time of less than 2 months for amounts more than 4 to 7 millions. The courts didn't have choices. we had classes about avoiding such situations not happening in Qatar because may be 4 years before banks were selling Credit cards and loans in Dubai like they were selling something in an Hypermarket and suddenly the financial crisis hit them. So it's your choice...Do what is right.
Yes, they can put you in jail over here too if a case has been filed and later send you to Dubai.. I sugest find a way to pay up..