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Nigeria Debt & Collection Legal Questions answered by Lawyers

Browse our 2 legal questions about Debt & Collection in Nigeria and read the lawyer answers, or ask your own questions for free.

How do we recover our debt
Debt & Collection
Our neighbor in Kuje, market collected goods worth =4407500 on credit to pay as soon as he sold the goods(Highland tea). However, after selling the tea, he converted the proceeds to his other businesses. Since, February 2024, he paid only =N1300000, with =N3107500 outstanding. All efforts to get him paid... Read more →
Lawyer answer by Afe Babalola & Co. (Emmanuel Chambers)

This situation involves a breach of contract and possibly conversion (misuse of funds). Here's a step-by-step approach to resolve this issue legally:1. Have a lawyer send a Formal Demand Letter2. Initiate Legal Action (If No Response)   . File a claim...

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1 answer •
How can I deal with a person that is owing me cooperative money and is unwilling to pay.
Debt & Collection
Payment of debt
Lawyer answer by Afe Babalola & Co. (Emmanuel Chambers)

Dealing with someone who owes cooperative money and is unwilling to pay can be challenging, but you can take the following steps to handle the situation constructively and legally:1. Open CommunicationReach Out Directly: Initiate a calm and respectful conversation with...

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1 answer •

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