Best Foreclosure Lawyers in United Arab Emirates

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Sunil Ambalavelil - Lawyer and Legal Consultant

Sunil Ambalavelil - Lawyer and Legal Consultant

Dubai, United Arab Emirates

Founded in 2000
50 people in their team
Renowned Dubai Based Mangalorean Advocate Sunil Ambalavelil Granted UAE Golden VisaMangaluru: Dubai based corporate Lawyer and Legal expert...
Arabic
English
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Al Kabban & Associates Advocates and Legal Consultants

Al Kabban & Associates Advocates and Legal Consultants

Dubai, United Arab Emirates

Founded in 1993
50 people in their team
About UsAl Kabban & Associates was founded in 1993 with a strong vision of providing exceptional legal representation in the UAE. With over 28...
Arabic
English
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ALGaber Legal Consultancy

ALGaber Legal Consultancy

Dubai, United Arab Emirates

Founded in 2021
5 people in their team
Welcome to AlGaber Legal Consultancy, your trusted partner in legal services. Our team of experienced lawyers and legal advisors are committed to...
English
Arabic
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STA Law Firm

STA Law Firm

Abu Dhabi, United Arab Emirates

Founded in 2000
200 people in their team
OverviewSTA always had a vision of building one of the Middle East’s premier full-service business firms. Today we serve corporate entities and...
Arabic
English
Rima Al Jarshi Lawyers & Legal Consultants

Rima Al Jarshi Lawyers & Legal Consultants

Dubai, United Arab Emirates

Founded in 2005
10 people in their team
RIMA AL JARSHI LAWYERS & LEGAL CONSULTANTSis one of the UAE’s leading law firms. The practice has a long history of expertise and volvement...
Arabic
Bengali
KMS LEGAL & MEDIATION SERVICES DUBAI KMS ADVOCATE

KMS LEGAL & MEDIATION SERVICES DUBAI KMS ADVOCATE

Dubai, United Arab Emirates

Founded in 2018
50 people in their team
ABOUT KMS  Khalid AlsuwaidiMANAGING DIRECTORKMS, Khalid Alsuwaidi Lawyers Legal and Consultants was established in Dubai, United Arab...
Arabic
English
Dubai Debt Recovery

Dubai Debt Recovery

Dubai, United Arab Emirates

Founded in 2000
50 people in their team
Debt Collection DubaiTo date, over 50,000 cases have been successfully resolved for debt collection by our debt collection agency. Our experienced...
Arabic
English
Al Sahlawi & Co

Al Sahlawi & Co

Dubai, United Arab Emirates

Founded in 1997
50 people in their team
With You, Every Step of The Way !For over 25 years, Al Sahlawi & Co has been the preferred business partner and has been assisting multinational...
Arabic
English
Baitulhikma Lawyers

Baitulhikma Lawyers

Dubai, United Arab Emirates

Founded in 1981
50 people in their team
With over forty years’ worth of experience in the UAE, we’re no strangers to this market. We started here and we continue to grow here. Our team...
Arabic
English
Clyde & Co

Clyde & Co

Dubai, United Arab Emirates

Founded in 1933
5,000 people in their team
Building on solid foundationsClyde & Co has grown to become a leading global law firm in our core sectors. With a headcount of over 5,000 staff...
Arabic
English

About Foreclosure Law in United Arab Emirates

In the United Arab Emirates, foreclosure is a legal process by which a lender can repossess a property from a borrower who has defaulted on their mortgage payments. The UAE has specific laws and regulations governing the foreclosure process to protect the rights of both borrowers and lenders.

Why You May Need a Lawyer

You may need a lawyer in a foreclosure situation if you are facing difficulties with your mortgage payments, are at risk of losing your home, or if you are a lender seeking to foreclose on a property. A lawyer can provide legal advice, represent you in negotiations with the lender, and assist you throughout the foreclosure process.

Local Laws Overview

In the UAE, the foreclosure process is governed by Federal Law No. 9 of 2009 concerning Mortgaging of Movable Property. This law sets out the procedures that must be followed in a foreclosure, including notice requirements, timelines, and rights of the parties involved. It is important to understand these laws and seek legal advice to protect your interests.

Frequently Asked Questions

Q: What is foreclosure?

A: Foreclosure is a legal process in which a lender repossesses a property from a borrower who has defaulted on their mortgage payments.

Q: How long does the foreclosure process take in the UAE?

A: The foreclosure process in the UAE can vary depending on the specific circumstances of the case. It is important to seek legal advice to understand the timelines involved.

Q: Can I stop a foreclosure once it has started?

A: It may be possible to stop a foreclosure once it has started by reaching an agreement with the lender, paying off the debt, or filing for bankruptcy. A lawyer can assist you with exploring your options.

Q: What are my rights as a borrower in a foreclosure?

A: As a borrower in a foreclosure, you have rights that are protected by law, including the right to receive timely notice of the foreclosure and the right to challenge the foreclosure in court.

Q: What are the responsibilities of a lender in a foreclosure?

A: Lenders in a foreclosure are required to follow the procedures set out in the law, including providing notice to the borrower, conducting the foreclosure in a fair manner, and complying with all legal requirements.

Q: Can I negotiate with my lender to avoid foreclosure?

A: Yes, it is possible to negotiate with your lender to avoid foreclosure by seeking a loan modification, repayment plan, or other alternatives. A lawyer can help you with negotiations.

Q: What are the consequences of foreclosure in the UAE?

A: The consequences of foreclosure in the UAE may include losing your home, damage to your credit score, and potential legal actions by the lender. It is important to seek legal advice to understand the implications.

Q: How can a lawyer help me in a foreclosure situation?

A: A lawyer can provide legal advice, represent you in negotiations with the lender, review your options, and guide you through the foreclosure process to protect your interests.

Q: What are the costs involved in hiring a lawyer for foreclosure assistance?

A: The costs of hiring a lawyer for foreclosure assistance may vary depending on the complexity of the case and the services required. It is important to discuss fees and payment arrangements with your lawyer upfront.

Q: How can I find a reputable lawyer for foreclosure assistance in the UAE?

A: You can find a reputable lawyer for foreclosure assistance in the UAE by asking for recommendations, researching online, contacting legal associations, or seeking referrals from other professionals.

Additional Resources

If you need additional information or assistance with foreclosure in the UAE, you can contact the UAE Ministry of Justice, Dubai Land Department, or seek guidance from legal aid organizations such as the Legal Affairs Department.

Next Steps

If you are facing foreclosure in the UAE or require legal assistance, it is important to seek the advice of a qualified lawyer who is familiar with the local laws and procedures. A lawyer can help you protect your rights, explore your options, and guide you through the foreclosure process to achieve the best possible outcome.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.