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Q: What will happen if you cannot pay your loan in Dubai?
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Can you enter another GCC country if absconded a loan in Dubai?

I amworking indubai and having loan in dubai now I have new work in kuwait and I want to pay off my loan from kuwait


What happens if you cannot pay back a loan from amscot in fl?

There are several things that can happen if you cannot pay back a loan from Amscot in FL. First of all, you will have a low credit score and they also choose to pursue the matter in a civil court.


Is it a criminal offense in Dubai if you cannot pay your loan in the bank?

Yes, in Dubai it is a criminal offense to be in debt, hence why a lot of British expats abandon their cars at the airport (including a Ferrari Enzo) because selling them takes time and they don't want to go to Jail.


What happen if a parent dies and they gave the house to there child and took a loan on there home for repairs what happen to the balance of the loan?

the child continue to pay the loan of her his parents


When someone doesn't pay a loan what could happen to them?

they can be sued and ordered to pay a fine


Is a student loan excused if the person is in prison and cannot pay?

No.


If I don't pay my student loan what will happen?

Nothing will happen, financial situation at the edge of collapse. When this happens nobody will remember regarding your loan.


If i cosigned on a loan then the person goes bankrupt then they default on a bankrupt what happen?

You signed to guarantee the loan. That means that you guaranteed to pay the loan if something went wrong. Something went wrong so you get to pay the loan.


Is it legal to give a verbal consent to be a cosigner?

No. You cannot be considered to be a cosigner unless you have signed the loan documents. The bank needs another party to guarantee the loan will be repaid. By signing you agree to pay the loan in full if the primary borrower fails to pay.No. You cannot be considered to be a cosigner unless you have signed the loan documents. The bank needs another party to guarantee the loan will be repaid. By signing you agree to pay the loan in full if the primary borrower fails to pay.No. You cannot be considered to be a cosigner unless you have signed the loan documents. The bank needs another party to guarantee the loan will be repaid. By signing you agree to pay the loan in full if the primary borrower fails to pay.No. You cannot be considered to be a cosigner unless you have signed the loan documents. The bank needs another party to guarantee the loan will be repaid. By signing you agree to pay the loan in full if the primary borrower fails to pay.


What can happen if you dont pay a payday loan in texas?

If you don't pay a payday loan, you can have a judgment brought against you. They can also fine you a pre determined amount.


What can happen if you don't pay a title loan and you still have the car?

The vehicle can be repossessed.


What if you cannot afford to pay the loan on your vehicle?

You ditch the car and get yourself a bike!