I am 40, from India, and have lived in the UAE for 16 years but never had the sense to save, as life was always lived very happily. But today I owe Dh600,000 in loans, credit cards and outstanding bills and I want to take my own life. I have endured a horrible life for the past year and am fighting every step of the way because of the debts. I dont see any hope of living. I work as a baker and earn Dh26,000 a month, but the debts have built up from a failed business and being out of work for six months last year. Its mainly my lies that put me in the situation; I have been lying to everyone about the situation, including my loved ones and the people I owe money to. Basically, I set up a pastry shop in my fiancées name last May, investing…
Read the full article at: http://www.thenational.ae/blogs/your-money/the-debt-panel-suicidal-dubai-baker-who-blames-his-dh600000-debt-on-own-lies-begs-for-help-to-save-his-life