Legal Question in Credit and Debt Law in United Arab Emirates
Hi,
I have a debt in a lending company last 2006,. Can they still pursue a case against me please.
Asked on 3/17/17, 3:38 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
17.03.2017
Dear Sir / Madam,
Although the eight year limitation period for pursuit and recovery of the debt is over, the Company can still pursue recovery proceedings if they wish to.
Regards,
Answered on 3/17/17, 4:17 am
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