Tag / enforced bankruptcy
Press releases • Sep 19, 2017 11:16 BST
Expats in Dubai often get caught up in a nightmare of debt, thanks to unregulated credit being pushed at them every day. Missing one payment means jail, as debt is a criminal offence in the UAE (as opposed to a civil matter in the Western world.) Often people take loans in good faith but their circumstances change and they flee before being sent to jail, but their problems are far from over.