Being owed money by someone can be a frustrating experience. If you are owed money by someone in Dubai, you may be wondering how long you can chase the debt. The answer depends on a number of factors, including the type of debt and the laws of Dubai.
- The Time Limit for Debt Collection in Dubai
In general, the time limit for debt collection in Dubai is 15 years. This means that you can sue someone for a debt that is up to 15 years old. However, there are a few exceptions to this rule. For example, the time limit for debt collection may be shorter if the debt is based on a written contract.
- The Time Limit for Specific Types of Debt
The time limit for debt collection may also vary depending on the type of debt. For example, the time limit for debt collection on a bounced check is 6 years.
- How to Recover a Debt in Dubai?
If you are owed money by someone in Dubai, you have a few options for recovering the debt. You can:
- Send the debtor a demand letter.
- File a court case.
- Hire a debt collection agency.
How long can a debt be chased in Dubai?
If you are a business owner, it is important to have a clear and concise policy for dealing with unpaid invoices. This policy should outline the steps you will take to recover unpaid invoices, as well as the consequences for debtors who do not pay.
There are a number of government agencies and non-profit organizations that can provide assistance to businesses that are struggling to collect unpaid invoices. These organizations can offer advice, mediation services, and even legal representation.
In some cases, it may be more cost-effective to write off an unpaid invoice as a bad debt. This is a decision that should be made on a case-by-case basis, taking into account the amount of the invoice, the likelihood of collecting it, and the cost of pursuing collection.
If you are unable to recover the debt yourself, you may want to consider hiring a lawyer. A lawyer can help you file a court case and enforce a judgment. However, it is important to choose a reputable lawyer. Some lawyers use aggressive or unethical tactics, which can damage your reputation.
Are You Owed Money by Someone in Dubai?
If you’re owed money by someone in Dubai, you know how frustrating it can be. You may have tried to collect the debt yourself, but it’s been difficult to get in touch with the debtor or get them to pay up.
That’s where M. A. Middle East Legal Consultancy can help. We are a leading debt collection agency in Dubai with years of experience. We have a team of experienced lawyers and debt collectors who are dedicated to helping our clients get the money they are owed.
We understand that debt can be a stressful and time-consuming issue. That’s why we offer a convenient and efficient way to collect your debt. You can contact us through our website or by WhatsApp. We will be happy to answer any questions you have and get started on collecting your debt right away.
M. A. Middle East Legal Consultancy can help you recover a debt in Dubai:
- We will send the debtor a demand letter: This is a formal letter that requests the debtor to pay the debt.
- We will negotiate with the debtor to reach a settlement: This may involve reducing the amount of the debt or setting up a payment plan.
- We will file a court case if necessary: We have a team of experienced lawyers who can help you get a judgment against the debtor.
- We will enforce the judgment: This may involve garnishing the debtor’s wages or seizing their assets.
We are confident that we can help you get the money you are owed. Contact us today to learn more about how we can help you recover your debt in Dubai. Contact us now on WhatsApp and let us help you get the money you are owed!