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Should I Get a Lawyer if My Credit Card Company Files A Case On Me?

This is a question asked by many people who find themselves in a debt trap on account of gambling, lack of fiscal discipline, job loss, expensive divorces etc. In such a scenario, should they consult a lawyer to help them out in a lawsuit against them or should they wait and watch and do nothing. …

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The Status of SMEs in Debt and In Collecting Debts

A bank finances businesses be it SMEs or tycoons. However, the interest rates would depend on how big the amount is loaned. A study has been conducted for weeks duration about how exactly a real estate industry along with low-oil costs may have a knock-on impact in different sectors of SMEs. It has been discovered that businesses are clinging …

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The Proceedings of UAE Lawyers in Collecting Debts

Big oil and gas, service or buildings, mainly, will likely stretch their payment provisions but would typically pay their due through their UAE lawyers. The payment behavior of national firms is appropriate but would differ considerably from one sector to another. Payment conditions in the UAE have been 30 days. However, they increasingly are usually …

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