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In Dubai, the legal procedures for retrieving the debts are well controlled. Debt recovery is a mechanism by which the debtor pursues outstanding interest.
The UAE oil crisis triggered job cuts and a decline in the tourism industry in 2016. Significantly, the Persian Gulf nation has seen a rise in its customer bad debts
According to the 2018 Global Ranking on Debt Collection, the UAE is one of the most difficult places in the world to collect debt
The legal process established for debt recovery is well controlled. Many money cases are still being settled with the bailiffs mostly involved in the final stages through the Trial
