Debt restructuring

Why do companies require debt restructuring?

Many businesses have succumbed to insolvency and liquidation as a result of not tackling debt restructuring promptly. These are processes that need experience and in which the company's survival is frequently jeopardized. Debt restructuring is a method used by businesses ...
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Loan repayment

UAE’s corporate debt restructuring scheme for SMEs!

Small and medium businesses (SMEs) are well recognized to play an important part in the UAE's economy. Although SMEs account for 95% of all businesses in the UAE and employ 86 percent of the workers, many of them struggle to ...
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Debt Settlement

Achieve financial independence with debt settlement programs!

Debt settlement, also known as debt negotiation, is a legal process that entails employing expert debt settlement services UAE to assist clients to receive lesser payoffs on personal loans, collections, and open accounts such as credit cards. A settlement occurs when the ...
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Debt counselling

Get free advice on your debt matters from Global Debt Advisory!

Are you having trouble paying off your debts? Maybe you can get benefitted from free debt counseling. At Global Debt Advisory, we provide free debt counselling services and Debt Management Services to clients in the UAE and outside the UAE who ...
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What financial lessons have we learnt from the pandemic? – Pocketful of Dirhams

Over the past 18 months, the world has changed more than anyone could have predicted. The Covid-19 pandemic brought the world to a standstill, shutting businesses, schools, offices and shopping malls, and confining millions to their homes for long periods ...
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Debt counselling

UAE credit card dues: Fines, travel bans; all you need to know

Know your legal rights if a 'debt collection agency' calls you. Question: I was a UAE resident for 12 years and returned to India in June 2020 after I lost my job. I had two credit cards, with an outstanding ...
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8 ways to stay out of debt if you think your job is unstable

If there’s one thing the Covid-19 pandemic has taught us, it’s the importance of financial preparedness. Saving more has been high on personal agendas as a lot more people appreciate the relevance of an emergency fund to tide them over ...
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A guide to debt relief in 2021

Among the people stuck in a debt trap, how many of you would like to pay off your debt as soon as possible? If you wish to accomplish this goal, you must constantly remind yourself to free yourself from the debt burden.If you are experiencing continuous bills, it can negatively impact your daily life, your mental health, and even your career. Global can assist you in settling your creditors and removing your debt burden permanently.Furthermore, debt burden also negatively impacts your credit score due to the fact that no matter how hard you try, you fail to follow through with the plan to pay off the debt. This makes it harder to escape the debt ...
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