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Waleed Al-Helo

Waleed Al-Helo

Lawyer

الأسئلة المجابة 108892 | نسبة الرضا 98.1%

Lawyer

hi. what if one loses job and have bank loan to...

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hi. what if one loses job and have bank loan to pay? he couldnot get a new job as well. so what option left?

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i have asked alreadh above

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UAE

الرد من العميل

no

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I am askinh about bank loan? how one can survive if he loses job and cannot pay bank loan?

إجابة الخبير: Waleed Al-Helo

Waleed Al-Helo

Waleed Al-Helo

Lawyer

الأسئلة المجابة 108892 | نسبة الرضا 98.1%

We would like to inform you that to the information mentioned in your inquiry, there are no options as long as you have a financial liability for the bank, so the best way is to reach a settlement and make a financial reschedule for payment. If the bank refused, you may resort to the judiciary , you may submit a request for installments of the loan amount, proving that you have financial stumbling, and that the decision is made by the court. If the loan installment is approved, the problem ends with the commitment from you. Thank you

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Waleed Al-Helo

Waleed Al-Helo

Lawyer

الأسئلة المجابة 108892 | نسبة الرضا 98.1%

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