UAE Law: Avoiding a Debt Sentence

UAE Law: Avoiding a Debt Sentence from Illustrado

Snapshots of the Vital Points of UAE Law Every Pinoy Expat Should Know

Every month, our in-house lawyer, Atty. Barney Almazar will explain legal concepts affecting the lives of Filipino expatriates across the emirates. This New Year, he explains how to avoid being in a downward credit card spiral which could get you to court or worse, put you behind the bars.

No Debt Sentence this 2014

By Barney Almazar, Esq.

So you’ve done your holiday shopping, hit the malls for that iPhone 5s or designer purse, but before you think about taking out that credit card and swiping it for another purchase this year, read Article 401 of the UAE Penal code first:

“A punishment of confinement of one month to three years, or a fine of a minimum of AED1,000 shall be inflicted on any person who, in bad faith draws a cheque with no existing or drawable provision.”

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