Hi
I have lost my job in Dubai back in December 2021 and moved to UK.
I have personal loan with ADCB bank for £52k and the last payment i made is in Dec 2021 along with my end of service of benefit.
I couldn't pay for the last 5 month because i hardly have any saving after each month.
I am planning to take out a new loan in UK once i have a good credit score to pay off that UAE loan amount but that will take an another year.
Now i have received an legal notice on 23 May from a lawyer from Dubai ( Legal notice without prejudice) saying if don't payback the full amount with 7 days they will commence legal proceedings for the recovery with Dubai international financial centre court (DIFC ) Small claims tribunal).
Do i need to respond to them?
Adcb 1.pdf