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If I have a personal loan, then decide to leave Dubai and get another person to sign a paper as a guarantor for that loan, this allows me to leave Dubai as I would get a non liability letter. What if the guarantor defaults his own bank and stops making the monthly payments to cover my loan, and leaves Dubai without informing his employer and the bank. Would I be liable for anything?

If you have a written non-liability declaration, approved by the banks you deal with, then I don't see trouble.

Just make sure the law thinks the same way. Ask your sollicitor to be sure.

RobbyG wrote:If you have a written non-liability declaration, approved by the banks you deal with, then I don't see trouble.

Just make sure the law thinks the same way. Ask your sollicitor to be sure.

All I got and this was back in 2006 when I left the UAE, was a non-liability letter from Mashreq bank, which i'd given to my employer at the time for the process of cancelling my residency. I do not have a copy. not sure if I can get one. I do not have a lawyer.