Unpaid debt with bank in Kuwait

[eaglead]

Good day,

 

I have an unpaid debt in kuwait and am concerned as I cannot pay the debt just now as I am unemployed.

 

I worked in kuwait for approx 5 years and took out a loan with a bank there, I paid over half of the loan but due to health reasons I had to leave my position there, I have attempted to pay a smaller amount and set up a payment plan but the bank insisted I pay the entire outstanding amount which I cannot do,

 

I live in England UK, and have been receiving emails from the bank threatening legal action, I am very concerned that I may be in serious trouble, what can I or should I do?

 

Obviously this is a huge strain on myself and family, do you have any advice please?

Thank you.

[honeybee13]

Hello, welcome to CAG.

 

As you may have seen, we've advised lots of people in similar situations to yours. People will be along to help over the course of the day.

 

Best, HB

[eaglead]

Thank you honeybee13 I appreciate any advice. 

[honeybee13]

There will be advice, don't worry. As we're all volunteers here, people come onto the forum when they're able to but I'm sure people will be here over the course of the morning.

 

HB

[eaglead]

That's wonderful thank you.

 

I may be able to give something back in the form of advise in some areas, how would I go about that?

[honeybee13]

That's very kind, all help is good. Don't let it take over from sorting out your own issues though.

 

You can read around the various forums and if you think you have something to add to the discussion, you just click on the last post on the thread to answer, like you are on your own thread.

 

HB

[dx100uk]

as long as you are only conversing and paying the bank, then you are doing the correct thing.

 

there are numerous like UAE threads here , just have a good read and you'll soon get the idea.

 

its rare the banks themselves initiate anything nasty , but they could go for a ccj or a statutory demand but they can be dealt with.

 

how much of this debt is their fake interest, has it ballooned since you left.

 

dx

 

[eaglead]

Hi dx100uk 

Thanks for the information, 

 

the debt is to NBK kuwait, I initially took $100,000, paid over $60,000 back but had to resign due to health issues,

 

I have made attempts to pay my savings of £15,000 but the bank refused and eventually I had the funds sent back as they said I put the incorrect IBAN and Swift codes,

 

since then I have had to use this money to live on and health bills,

 

I have made attempts to arrange a payment plan of what i can afford but the bank is adamant I must pay the total amount,

 

the interest is mounting up I think it's over £1,000 extra now, I have not answered the email for a few months and have blocked them, hiding my head in the sand I guess.

 

Any advise will be very welcome, and thank you.

[dx100uk]

have you written to the bank stating your correct and current address?

 

dx

[eaglead]

No, they have all my personal details already, I have not received anything via normal postal system.

[dx100uk]

but have YOU written and told them these details, they could have just gotten them from a trace agency or your credit file.

 

since you've been back in the uk have you moved around but now are settled with a home in your name/mortgage etc?

 

dx

 

[eaglead]

It was necessary for me to have a local Kuwaiti bank account whilst I was employed there, I worked a rotation of 28 days in Kuwait and then 28 days back home, this was employment within the Oil and Gas sector,

 

as such I supplied them with all my personal details and I assume my employer at the time did the same, (my employer was a Kuwaiti based company also),

 

I have not moved house so they have my current address in the UK although they do not know if I am a home owner or not, just the normal personal details,

 

they did not request national insurance numbers or my UK bank account number although I sent my salary back to my account in the UK on a monthly basis so the will certainly have these details in their systems.

 

I have not been back to Kuwait since August 2021.

[dx100uk]

please space your posts not one block of text.

 

spaced for you.

 

ok id just let things run then

if you want to set up a standing order paying a small amount directly to the bank that is upto you.

 

i suggest you go read a god few 10's of threads in this very same forum you tarted yours in.

 

 

dx

 

 

 

[eaglead]

Thank you very much for your advise.

 

I appreciate your support.

 

One more concern of mine..

 

Can I get into trouble here at home?

 

I genuinely want to pay this off but can't at the rate they want.

 

But am worried I will get in trouble here with debt collectors and the like.

 

Thanks again and take care.

 

Have a great Christmas, not long now

[dx100uk]

debt collectors (DCA's) are NOT BAILIFFS

and have 

ZERO legal powers on ANY DEBT - no matter what its type.

 

dx

 

[eaglead]

Thank you once again dx.

 

I can't begin to tell you how much you 

 

Have put my mind at ease.

 

Take care of yourself and I will research

 

The thread as you recommended .

 

 

[eaglead]

I have been potentially offered a job in West Africa.

This could enable me to start paying thus money back.

 

Would I be risking arrest or detention in this country due to the unpaid debt in kuwait?

 

I am concerned if I should accept the job there due to thus.

 

Are there any ways I might get detained there?

[dx100uk]

no.

they no longer do the Interpol thing anyway.

 

stop reading scam websites that say these things

all those sites are trying to do is to get you to sign up to them, their fees and scam you out of payments that very little of them actually get thru to the bank.

 

dx

 

[eaglead]

That's reassuring dx, 

 

Thank you.

If I am offered the position I will take it.

Great news.

I did not know about interpol!

So I should just avoid GCC countries then?

Thanks for your advice and support.

 

May I ask how you have such a wealth of knowledge?

[dx100uk]

+16yrs of being here and some +160k posts??

 

dx

 

[eaglead]

Well I must admit I am very impressed.

 

I offered any help I may be able to give to one of your fellow advisors.

 

I am away from home just now but fully intend to follow up on thus offer when I am back.

 

Thank you once again.