What are the steps involved in filing a debt recovery lawsuit in Dubai?
If you're facing a situation where a debtor in Dubai has failed to pay what they owe, filing a debt recovery lawsuit can be a necessary step to reclaim your money. Here's a detailed guide to the process of Dubai debt recovery : Attempt Resolution through Negotiation Before resorting to legal action, it's always advisable to try to resolve the issue amicably. This could involve sending formal reminders or negotiating a settlement directly with the debtor. Dubai courts often encourage parties to resolve disputes outside of court, which can save time and money. Send a Legal Notice If negotiation fails, the next step in the Dubai debt recovery process is to issue a formal legal notice. This notice demands payment and provides the debtor with a final chance to settle the debt. It should clearly outline the amount owed and the deadline for payment. Failing to respond to this notice can be used as evidence in court. Filing a Case at the Court If the debtor does not respond to th...