The Debt Panel: ‘Collection agencies are hounding me over a $27,300 business loan default’ – The National
- Date: 07-Dec-2022
- Source: The National
- Sector:Financial Services
- Country:UAE
The Debt Panel: ‘Collection agencies are hounding me over a $27,300 business loan default’ – The National
I have been out of the UAE for the past two years to be with my mother who suffers from cancer.
My business partner has been running our company in my absence.
He took out a loan worth Dh100,000 ($27,229) on the company’s behalf. However, due to difficult operating conditions, the loan fell into default.
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