{"id":7191,"date":"2024-09-18T07:01:00","date_gmt":"2024-09-18T07:01:00","guid":{"rendered":"https:\/\/alwadiholding.com\/aw-uae\/?p=7191"},"modified":"2024-10-07T12:21:55","modified_gmt":"2024-10-07T12:21:55","slug":"legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know","status":"publish","type":"post","link":"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/","title":{"rendered":"What is debt recovery legal process?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7191\" class=\"elementor elementor-7191\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2740f810 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2740f810\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-615547e3 cspt-bg-color-over-image\" data-id=\"615547e3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-57ceda55 elementor-widget elementor-widget-text-editor\" data-id=\"57ceda55\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-size: 14pt\">The legal debt recovery process provides a structured approach to reclaiming outstanding debts, understanding this process can help creditors to follow the correct path for recovering their money.\u00a0\u00a0<\/span><\/p><p><span style=\"font-size: 14pt\"><strong>In this blog,<\/strong> we will learn the various stages involved in the legal debt recovery process, from initial communications with debtors to potential court proceedings.\u00a0<\/span><\/p><p>\u00a0<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_69_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#What_is_the_Debt_Recovery_Legal_Process\" title=\"What is the Debt Recovery Legal Process?\u00a0\">What is the Debt Recovery Legal Process?\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#Investigation\" title=\"Investigation:\">Investigation:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#Negotiation\" title=\"Negotiation:\">Negotiation:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#Pre-litigation\" title=\"Pre-litigation:\">Pre-litigation:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#Legal_Action\" title=\"Legal Action:\">Legal Action:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#Flowchart_for_Legal_Debt_Settlement_Process\" title=\"Flowchart for Legal Debt Settlement Process\">Flowchart for Legal Debt Settlement Process<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#Challenges_Faced_by_Creditors_and_Debtors_in_the_Debt_Recovery_Process\" title=\"Challenges Faced by Creditors and Debtors in the Debt Recovery Process\">Challenges Faced by Creditors and Debtors in the Debt Recovery Process<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#Why_Legal_Debt_Recovery_is_Important\" title=\"Why Legal Debt Recovery is Important?\u00a0\">Why Legal Debt Recovery is Important?\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#i\" title=\"\u00a0\">\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#The_Role_of_Legal_Professionals_in_Facilitating_Debt_Recovery_Process\" title=\"The Role of Legal Professionals in Facilitating Debt Recovery Process .\u00a0\">The Role of Legal Professionals in Facilitating Debt Recovery Process .\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#Why_choose_AW_UAE_for_Legal_Debt_Recovery_Services\" title=\"Why choose AW UAE for Legal Debt Recovery Services?\u00a0\">Why choose AW UAE for Legal Debt Recovery Services?\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#Personalized_Approaches\" title=\"Personalized Approaches:\">Personalized Approaches:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#Debt_Settlements\" title=\"Debt Settlements:\">Debt Settlements:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#Litigation\" title=\"Litigation:\u00a0\">Litigation:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#Documentation\" title=\"Documentation:\u00a0\">Documentation:\u00a0<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#FAQs\" title=\"FAQs\">FAQs<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#Can_I_file_a_case_against_someone_who_owes_me_money_in_Dubai\" title=\"Can I file a case against someone who owes me money in Dubai?\">Can I file a case against someone who owes me money in Dubai?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#Can_I_be_chased_for_debt_after_6_years_in_UAE\" title=\"Can I be chased for debt after 6 years in UAE?\">Can I be chased for debt after 6 years in UAE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-aspects-of-debt-recovery-in-the-uae-what-you-need-to-know\/#What_happens_in_debt_recovery\" title=\"What happens in debt recovery?\">What happens in debt recovery?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_is_the_Debt_Recovery_Legal_Process\"><\/span><span style=\"font-size: 36pt\"><span style=\"color: #642b3e\">What is the Debt Recovery Legal Process?\u00a0<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2><p><span style=\"font-size: 14pt\">The debt recovery legal process is a structured approach that involves several key stages to ensure that debts are collected efficiently and lawfully.\u00a0<\/span><\/p><ol><li><h3><span class=\"ez-toc-section\" id=\"Investigation\"><\/span><span style=\"font-size: 24pt\"> Investigation:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3><\/li><\/ol><p><span style=\"font-size: 14pt\">The first step in the debt recovery legal process is thorough investigation that involves gathering all relevant information about the debtor, including their financial status, contact details, and any previous payment history to understand the debtor&#8217;s circumstances to formulate an effective strategy for recovery.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><ol start=\"2\"><li><h3><span class=\"ez-toc-section\" id=\"Negotiation\"><\/span><span style=\"font-size: 24pt\"> Negotiation:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3><\/li><\/ol><p><span style=\"font-size: 14pt\">Once sufficient information has been gathered, the next phase is negotiation. This stage aims to reach an amicable agreement between the creditor and debtor without resorting to legal action. It often involves discussing payment plans or settlements that are manageable for both parties.\u00a0<\/span><\/p><ol start=\"3\"><li><h3><span class=\"ez-toc-section\" id=\"Pre-litigation\"><\/span><span style=\"font-size: 24pt\"> Pre-litigation:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3><\/li><\/ol><p><span style=\"font-size: 14pt\">If negotiations fail, the pre-litigation phase begins, it is a very effective stage in the debt recovery legal process, during this stage, formal communication is sent to the debtor outlining the outstanding amount and requesting payment within a specified timeframe. This serves as a final opportunity for resolution before escalating matters further.\u00a0<\/span><\/p><ol start=\"4\"><li><h3><span class=\"ez-toc-section\" id=\"Legal_Action\"><\/span><span style=\"font-size: 24pt\"> Legal Action:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3><\/li><\/ol><p><span style=\"font-size: 14pt\">Should all previous attempts at recovery prove unsuccessful, legal action may be initiated by filing a claim in court to recover the owed amount through judicial means. It\u2019s essential for creditors to understand that this step can be time-consuming and may incur additional costs.\u00a0<span style=\"color: #642b3e;font-family: 'Open Sans', sans-serif;font-weight: 600;letter-spacing: 0px\">\u00a0<\/span><\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-64a5d97 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"64a5d97\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b20e723 cspt-bg-color-over-image\" data-id=\"b20e723\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-44a9fb1 elementor-widget elementor-widget-heading\" data-id=\"44a9fb1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Flowchart_for_Legal_Debt_Settlement_Process\"><\/span>Flowchart for Legal Debt Settlement Process <span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b10ea18 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b10ea18\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3b72df2 cspt-bg-color-over-image\" data-id=\"3b72df2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7c0d3de elementor-widget elementor-widget-image\" data-id=\"7c0d3de\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"847\" height=\"424\" src=\"https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2024\/09\/Minimalist-Business-Roadmap-Banner-1024x512.webp\" class=\"attachment-large size-large wp-image-8190\" alt=\"Legal Debt Settlement Process\" srcset=\"https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2024\/09\/Minimalist-Business-Roadmap-Banner-1024x512.webp 1024w, https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2024\/09\/Minimalist-Business-Roadmap-Banner-300x150.webp 300w, https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2024\/09\/Minimalist-Business-Roadmap-Banner-768x384.webp 768w, https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2024\/09\/Minimalist-Business-Roadmap-Banner-1536x768.webp 1536w, https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2024\/09\/Minimalist-Business-Roadmap-Banner-2048x1024.webp 2048w, https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2024\/09\/Minimalist-Business-Roadmap-Banner-770x385.webp 770w\" sizes=\"(max-width: 847px) 100vw, 847px\" data-id=\"8190\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3937eea cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3937eea\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8d3df64 cspt-bg-color-over-image\" data-id=\"8d3df64\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f105aa1 elementor-widget elementor-widget-text-editor\" data-id=\"f105aa1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-size: 14pt\"><span style=\"color: #642b3e\"><strong><span style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif\">Explore our insightful article addressing frequently asked questions about legal debt settlement<\/span>: <\/strong><\/span><a href=\"https:\/\/alwadiholding.com\/aw-uae\/debt-collection-in-the-uae-key-considerations-and-important-steps\/\" target=\"_blank\" rel=\"noopener\">uae debt collection laws<\/a><\/span><\/p><h2><span class=\"ez-toc-section\" id=\"Challenges_Faced_by_Creditors_and_Debtors_in_the_Debt_Recovery_Process\"><\/span><span style=\"color: #642b3e;font-size: 24pt\">Challenges Faced by Creditors and Debtors in the Debt Recovery Process<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2><div>\u00a0<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f464807 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f464807\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-aa9636f cspt-bg-color-over-image\" data-id=\"aa9636f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-19e63b4 elementor-widget elementor-widget-text-editor\" data-id=\"19e63b4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-size: 14pt\">The debt recovery legal process can be a challenging journey for both creditors and debtors, each facing their own set of obstacles and rights within the process.\u00a0\u00a0<\/span><\/p><p><span style=\"font-size: 14pt\"><strong>Creditors<\/strong> in the UAE have specific rights when it comes to recovering debts, but they often encounter challenges such as dealing with uncooperative debtors or navigating complex legal procedures. On the other hand, <strong>debtors<\/strong> also have rights that protect them during the debt collection process, including safeguards against harassment or unfair practices.\u00a0\u00a0<\/span><\/p><p><span style=\"font-size: 14pt\">Obstacles in the debt collection process can range from <strong>difficulty locating debtors<\/strong> to facing resistance or disputes over the amount owed. Understanding these challenges and rights is crucial for both parties to navigate the debt recovery process effectively and fairly.\u00a0<\/span><\/p><p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><h3><span class=\"ez-toc-section\" id=\"Why_Legal_Debt_Recovery_is_Important\"><\/span><span style=\"font-size: 24pt;color: #642b3e\">Why Legal Debt Recovery is Important?\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3><p><span style=\"font-size: 14pt\"><a href=\"https:\/\/alwadiholding.com\/aw-uae\/legal-debt-settlement\/\" target=\"_blank\" rel=\"noopener\">Legal debt recovery<\/a> represents the final card used by corporates for recovering outstanding debts. If no amicable settlement comes in your favor you should proceed with the legal options, because at the end, it\u2019s your corporate earnings and profit that you are trying to get back. Especially, <strong>if we are talking in big numbers<\/strong>.\u00a0<\/span><\/p><p><span style=\"font-size: 14pt\">These huge numbers can replace your trials for acquiring new bank loans or credit to finance your newly initiated projects or investments you are trying to get a portion from.\u00a0<\/span><\/p><p><span style=\"font-size: 14pt\">Also, leaving outstanding amount behind for one client without recovering it can encourage other business partners or dealers to do the same thing for following the same strategy as the business world is a small apartment and we get to know what happens quickly even with the competitors.\u00a0<\/span><\/p><p><strong><span style=\"font-size: 14pt\" data-contrast=\"auto\">So, seeking your amount dues from a court of laws after several amicable chances sends out a clear loud message to other debtors that you won\u2019t kid with your rights.<\/span>\u00a0<\/strong><\/p><div id=\"eJOY__extension_root\" class=\"eJOY__extension_root_class\">\u00a0<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-af59764 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"af59764\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-19bb9b0 cspt-bg-color-over-image\" data-id=\"19bb9b0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dd88d03 elementor-widget elementor-widget-heading\" data-id=\"dd88d03\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Learn how we've helped clients successfully recover their debts!<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1a3b8c2 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1a3b8c2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a5fdf45 cspt-bg-color-over-image\" data-id=\"a5fdf45\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-38138b2 cspt-btn-shape-round elementor-align-center cspt-btn-color-globalcolor cspt-btn-style-flat elementor-widget elementor-widget-button\" data-id=\"38138b2\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/alwadiholding.com\/aw-uae\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read Case Studies!<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-03c416c elementor-widget elementor-widget-text-editor\" data-id=\"03c416c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2><span class=\"ez-toc-section\" id=\"i\"><\/span>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2><h2><span class=\"ez-toc-section\" id=\"The_Role_of_Legal_Professionals_in_Facilitating_Debt_Recovery_Process\"><\/span><span style=\"font-size: 24pt;color: #642b3e\">The Role of Legal Professionals in Facilitating Debt Recovery Process .\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2><p><span style=\"font-size: 14pt\">Legal debt settlement\u00a0has a crucial role in facilitating debt recovery procedures, especially in the UAE. Debt recovery lawyers and legal consultants specialize in navigating the complex landscape of\u00a0debt collection, ensuring that creditors can recover what is owed to them through legal means.\u00a0\u00a0<\/span><\/p><p><span style=\"font-size: 14pt\"><strong>T<\/strong><\/span><span style=\"font-size: 14pt\"><strong>he role of debt recovery legal process in debt enforcement is significant.<\/strong> <\/span><\/p><ul><li><span style=\"font-size: 14pt\">Courts provide a legal framework for debt recovery proceedings, <\/span><\/li><li><span style=\"font-size: 14pt\">ensuring that both creditors and debtors adhere to established laws and regulations. <\/span><\/li><li><span style=\"font-size: 14pt\">Legal professionals work closely with courts to initiate and oversee debt collection processes, ensuring fair treatment for all parties involved.\u00a0\u00a0<\/span><\/li><\/ul><p><span style=\"font-size: 14pt\">Debt recovery lawyers in UAE and legal consultants serve as valuable resources for businesses seeking to recover outstanding debts. Their expertise in navigating legal complexities and their understanding of local regulations make them essential partners in facilitating successful legal debt recovery UAE.\u00a0<\/span><\/p><div id=\"eJOY__extension_root\" class=\"eJOY__extension_root_class\">\u00a0<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3ea25b1 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3ea25b1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1a6c1b5 cspt-bg-color-over-image\" data-id=\"1a6c1b5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8c8ca47 elementor-widget elementor-widget-text-editor\" data-id=\"8c8ca47\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2><span class=\"ez-toc-section\" id=\"Why_choose_AW_UAE_for_Legal_Debt_Recovery_Services\"><\/span><span style=\"font-size: 24pt;color: #642b3e\">Why choose AW UAE for Legal Debt Recovery Services?\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2><p><span style=\"font-size: 14pt\">AW UAE stands out for several compelling reasons that can significantly enhance your chances of successful debt recovery legal process:\u00a0<\/span><\/p><ol><li><h3><span class=\"ez-toc-section\" id=\"Personalized_Approaches\"><\/span><span style=\"font-size: 24pt\"> Personalized Approaches:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3><\/li><\/ol><p><span style=\"font-size: 14pt\">At AW UAE, we understand that each case is unique. Our team takes the time to assess individual circumstances and tailor debt recovery legal process and strategies accordingly. This personalized approach ensures that we address specific challenges effectively, increasing the likelihood of a positive outcome.\u00a0<\/span><\/p><ol start=\"2\"><li><h3><span class=\"ez-toc-section\" id=\"Debt_Settlements\"><\/span><span style=\"font-size: 24pt\"> Debt Settlements:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3><\/li><\/ol><p><span style=\"font-size: 14pt\">AW UAE excels in facilitating debt settlements that are fair and beneficial for all parties involved. Our experienced negotiators work diligently to reach agreements that satisfy creditors while also considering the debtor&#8217;s position.\u00a0<\/span><\/p><ol start=\"3\"><li><h3><span class=\"ez-toc-section\" id=\"Litigation\"><\/span><span style=\"font-size: 24pt\"> Litigation:\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3><\/li><\/ol><p><span style=\"font-size: 14pt\">Last resort in debt recovery legal process, in cases where amicable resolutions are not possible, our skilled legal team is prepared to escalate matters through litigation. With extensive experience in court proceedings related to debt recovery, we provide robust representation designed to protect your interests and secure owed funds efficiently.\u00a0<\/span><\/p><ol start=\"4\"><li><h3><span class=\"ez-toc-section\" id=\"Documentation\"><\/span><span style=\"font-size: 24pt\"> Documentation:\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3><\/li><\/ol><p><span data-contrast=\"auto\"><span style=\"font-size: 14pt\">A significant aspect of the debt recovery legal process involves meticulous documentation. AW UAE ensures that all necessary paperwork is accurately prepared and submitted on time, minimizing delays and potential complications in your case. Proper documentation not only strengthens your position but also helps streamline the overall<\/span> process.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c312b9a cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c312b9a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-229f976 cspt-bg-color-over-image\" data-id=\"229f976\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-708dcac elementor-align-right cspt-btn-color-globalcolor cspt-btn-style-flat cspt-btn-shape-square elementor-widget elementor-widget-button\" data-id=\"708dcac\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/alwadiholding.com\/aw-uae\/contact-us\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact us !<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f0d651d cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f0d651d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-137aa76 cspt-bg-color-over-image\" data-id=\"137aa76\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-481c112 elementor-widget elementor-widget-spacer\" data-id=\"481c112\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a464546 elementor-widget elementor-widget-heading\" data-id=\"a464546\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2076ca7 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2076ca7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-01ef00b cspt-bg-color-over-image\" data-id=\"01ef00b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9f5ee7e elementor-widget elementor-widget-accordion\" data-id=\"9f5ee7e\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1671\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-1671\" aria-expanded=\"false\"><span class=\"ez-toc-section\" id=\"Can_I_file_a_case_against_someone_who_owes_me_money_in_Dubai\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Can I file a case against someone who owes me money in Dubai? <\/a>\n\t\t\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1671\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-1671\"><p><span class=\"TextRun SCXW138677596 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW138677596 BCX0\">Yes, you can file a case against someone who owes you money in Dubai. The legal system allows for debt recovery through the courts. You would typically start by sending a formal demand letter to the debtor, and if they <\/span><span class=\"NormalTextRun SCXW138677596 BCX0\">fail to<\/span><span class=\"NormalTextRun SCXW138677596 BCX0\"> respond or pay, you can then file a lawsuit in the relevant court. <\/span><span class=\"NormalTextRun SCXW138677596 BCX0\">It&#8217;s<\/span><span class=\"NormalTextRun SCXW138677596 BCX0\"> advisable to gather all necessary documentation, such as contracts or communications <\/span><span class=\"NormalTextRun SCXW138677596 BCX0\">regarding<\/span><span class=\"NormalTextRun SCXW138677596 BCX0\"> the debt, to support your case.<\/span><\/span><span class=\"EOP SCXW138677596 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><div id=\"eJOY__extension_root\" class=\"eJOY__extension_root_class\">\u00a0<\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1672\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-1672\" aria-expanded=\"false\"><span class=\"ez-toc-section\" id=\"Can_I_be_chased_for_debt_after_6_years_in_UAE\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Can I be chased for debt after 6 years in UAE? <\/a>\n\t\t\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1672\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-1672\"><p><span style=\"font-size: 14pt\"><b>Most debts<\/b><\/span><span data-contrast=\"auto\">: The general statute of limitations in the UAE for most debts is indeed three years. This means that creditors typically have three years from the date the debt becomes due to file a lawsuit to recover the amount owed.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><p><span style=\"font-size: 14pt\"><b>Certain debts:<\/b><\/span><span data-contrast=\"auto\"> For certain types of debts, such as loans or credit cards, creditors may have up to six years to pursue legal action. This is due to specific provisions in UAE law that extend the statute of limitations for these types of debts.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><div id=\"eJOY__extension_root\" class=\"eJOY__extension_root_class\">\u00a0<\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1673\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-1673\" aria-expanded=\"false\"><span class=\"ez-toc-section\" id=\"What_happens_in_debt_recovery\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What happens in debt recovery? <\/a>\n\t\t\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1673\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-1673\"><p><span class=\"TextRun SCXW209010573 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW209010573 BCX0\">Debt recovery is the process by which creditors <\/span><span class=\"NormalTextRun SCXW209010573 BCX0\">attempt<\/span><span class=\"NormalTextRun SCXW209010573 BCX0\"> to collect overdue payments from individuals or businesses. It typically involves several steps such as <\/span><span class=\"NormalTextRun SCXW209010573 BCX0\">initial<\/span><span class=\"NormalTextRun SCXW209010573 BCX0\"> contact, negotiation, formal demand, involvement of collection agencies and legal action.<\/span><\/span><span class=\"EOP SCXW209010573 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Can I file a case against someone who owes me money in Dubai?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span class=\\\"TextRun SCXW138677596 BCX0\\\" lang=\\\"EN-US\\\" xml:lang=\\\"EN-US\\\" data-contrast=\\\"auto\\\"><span class=\\\"NormalTextRun SCXW138677596 BCX0\\\">Yes, you can file a case against someone who owes you money in Dubai. The legal system allows for debt recovery through the courts. You would typically start by sending a formal demand letter to the debtor, and if they <\\\/span><span class=\\\"NormalTextRun SCXW138677596 BCX0\\\">fail to<\\\/span><span class=\\\"NormalTextRun SCXW138677596 BCX0\\\"> respond or pay, you can then file a lawsuit in the relevant court. <\\\/span><span class=\\\"NormalTextRun SCXW138677596 BCX0\\\">It&#8217;s<\\\/span><span class=\\\"NormalTextRun SCXW138677596 BCX0\\\"> advisable to gather all necessary documentation, such as contracts or communications <\\\/span><span class=\\\"NormalTextRun SCXW138677596 BCX0\\\">regarding<\\\/span><span class=\\\"NormalTextRun SCXW138677596 BCX0\\\"> the debt, to support your case.<\\\/span><\\\/span><span class=\\\"EOP SCXW138677596 BCX0\\\" data-ccp-props=\\\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\\\">\\u00a0<\\\/span><\\\/p><div id=\\\"eJOY__extension_root\\\" class=\\\"eJOY__extension_root_class\\\">\\u00a0<\\\/div>\"}},{\"@type\":\"Question\",\"name\":\"Can I be chased for debt after 6 years in UAE?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span style=\\\"font-size: 14pt\\\"><b>Most debts<\\\/b><\\\/span><span data-contrast=\\\"auto\\\">: The general statute of limitations in the UAE for most debts is indeed three years. This means that creditors typically have three years from the date the debt becomes due to file a lawsuit to recover the amount owed.<\\\/span><span data-ccp-props=\\\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\\\">\\u00a0<\\\/span><\\\/p><p><span style=\\\"font-size: 14pt\\\"><b>Certain debts:<\\\/b><\\\/span><span data-contrast=\\\"auto\\\"> For certain types of debts, such as loans or credit cards, creditors may have up to six years to pursue legal action. This is due to specific provisions in UAE law that extend the statute of limitations for these types of debts.<\\\/span><span data-ccp-props=\\\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\\\">\\u00a0<\\\/span><\\\/p><div id=\\\"eJOY__extension_root\\\" class=\\\"eJOY__extension_root_class\\\">\\u00a0<\\\/div>\"}},{\"@type\":\"Question\",\"name\":\"What happens in debt recovery?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span class=\\\"TextRun SCXW209010573 BCX0\\\" lang=\\\"EN-US\\\" xml:lang=\\\"EN-US\\\" data-contrast=\\\"auto\\\"><span class=\\\"NormalTextRun SCXW209010573 BCX0\\\">Debt recovery is the process by which creditors <\\\/span><span class=\\\"NormalTextRun SCXW209010573 BCX0\\\">attempt<\\\/span><span class=\\\"NormalTextRun SCXW209010573 BCX0\\\"> to collect overdue payments from individuals or businesses. It typically involves several steps such as <\\\/span><span class=\\\"NormalTextRun SCXW209010573 BCX0\\\">initial<\\\/span><span class=\\\"NormalTextRun SCXW209010573 BCX0\\\"> contact, negotiation, formal demand, involvement of collection agencies and legal action.<\\\/span><\\\/span><span class=\\\"EOP SCXW209010573 BCX0\\\" data-ccp-props=\\\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\\\">\\u00a0<\\\/span><\\\/p>\"}}]}<\/script>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The legal debt recovery process provides a structured approach to reclaiming outstanding debts, understanding this process can help creditors to follow the correct path for recovering their money.\u00a0\u00a0 In this blog, we will learn the various stages involved in the legal debt recovery process, from initial communications with debtors to potential court proceedings.\u00a0 \u00a0 What is the Debt Recovery Legal Process?\u00a0 The debt recovery legal process is a structured approach[&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8130,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"_joinchat":[],"footnotes":""},"categories":[300],"tags":[],"class_list":["post-7191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aw-legal-debt-settlement"],"acf":[],"jetpack_featured_media_url":"https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2024\/09\/Website-Blogs-pics-1-2-1.webp","_links":{"self":[{"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/posts\/7191"}],"collection":[{"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/comments?post=7191"}],"version-history":[{"count":95,"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/posts\/7191\/revisions"}],"predecessor-version":[{"id":8222,"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/posts\/7191\/revisions\/8222"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/media\/8130"}],"wp:attachment":[{"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/media?parent=7191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/categories?post=7191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/tags?post=7191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}