Dear All,
I hope you can give me a good advise on what i need to do. as all of us know that KSA is in economic crisis, companies are not stable anymore and many among fellow expat's are being affected and i'm one of them.
i work in my company for almost 4 years now, 3.9 years to be exact as a Mechanical Draftsman and last December 23 i go for vacation i'm here now in Philippines, the worst thing is the day before my departure i got an Termination notice from my company it really surprise me!!! O_O..
but still i leave KSA for vacation because i'am with my family. wife and 2 kids.
My problem is this i have a Bank loan from SABB, and i already make the computation, only half of my loan will be paid if i give them my ESB! i get that loan so i can pay my other loans from individuals and for medical. now i cannot pay all those loan at the moment as i don't have that amount of money.
and in my termination notice my last day of work is on February 28, 2017.
what do i need to do now? should i go back there? i'am a stable payer i always pay every month no delays. if i go back in Jeddah can i go back to my home country even i did not pay all the loan.
i don't have the intention to run away from the loan. but i need to find job first so i can continue to pay that loan. i talk already with our HR they told me they will give my ESB directly to bank and that's all.
one thing also i have a car which is 1100 monthly from ALJ its only 6 months old car which i need to transfer to someone. some of you know how much is the transfer fee? it toyota yaris 2016 with only 5,000 km used for office and work only.
if i forgot to mention something please advise.
And i someone have the same experience with me please do give advise.
me Exiting KSA is the only thing im worried of. if bank will allow me to go home.
because if i don't go home i cannot find job and cannot pay that loan. this all is not my intention.
Regards
Raffy