The court and creditors were communicated about the entire process and their cooperation sought in this regard.
The Sharjah Debt Settlement Committee has paid off Dh112,907,021, 99 on behalf of192 deceased Emiratis, who passed away from 2012 to 2020 unable to repay their debts.
The committee, in coordination with the department of suburbs and villages affairs, followed up on the debt situation with the deceased families and worked out plan to settle the unpaid loans. The court and creditors were communicated about the entire process and their cooperation sought in this regard.
Khamis bin Salem Al Suwaidi, head of the department of suburbs and villages affairs, said that the initiative is being implemented in line with the directives His Highness Sheikh Dr. Sultan bin Mohammad Al Qasimi, member of the Supreme Council and Ruler of Sharjah.
The department’s role comes within the framework its keenness to play its active and positive social commitment towards the citizens and fulfill its responsibility towards the society represented in serving the Emirati families and soliciting the needs to ensure a decent life and family stability, he pointed out.
Speaking to Khaleej Times, M Al Hamadi, a beneficiary, said that his deceased father had a lot of debts with banks, as he was running a business, and was making all efforts to settle his loans, but unfortunately, he died of cardiac arrest. “The bank approached us to pay off his debts, but we failed as it was a huge amount. We got in touch with the committee and provided them all the documents. It immediately addressed the issue and settled it. We would like to extend our thanks and appreciation to all those involved in this initiative,” he added.