Debt Collection/Recovery

Pursuing debtors to clear overdue receivable account can be time consuming, difficult and a costly process for business/Creditors. This is especially true for foreign creditors falling under other jurisdictions. Difference in laws, procedures, limitation period and timescale can pose serious challenges to debt recovery. Our organisation provides a dedicated service including instructing solicitors if necessary and also acts on agency basis in specific circumstances.

We provide the following services as part of the debt collection process:

• Issuing letters of demand

• Telephone calls

• Emails

• Background checks and reports

• Physical site inspections and inspection reports

• Initiation of litigation process through solicitors

• Collection at national and international levels

• Out-of-court settlement and negotiation

Debt Recovery & Negotiation

Prior to the commencement of any serious action to recover the debt, a background search against the debtor is conducted. If the debtor is desirous to settle the debt, a negotiation is made on the amount and method of settlement on behalf of the creditor.

Debt Collection Litigation

If the debt collection cannot be resolved on a voluntary basis, we usually recommend initiating a legal suit. This is usually suggested when we believe there is a high likelihood of getting a substantial return on investment.

Debt Collection Management

Winning the lawsuit is the first step to getting paid. After having done that, the judgment has to be collected. The judgment involves order to pay, summary proceedings or full court proceedings with courts and enforcement of judgment debts.

If the debtor does not voluntarily agree to pay, even after receiving a copy of the judgement, various court-ordered judgment collection processes are applicable and are used

We help you recover debts and save precious time

Send us an email to: info@valuegain.com.ng, ValueGain.ng@outlook.com, or +2348058527910 (call or whatsapp)

1. Please provide details of your case.

2. We will first go through the salient features of the situation to understand your current scenario.

3. The available documents will then be reviewed.

4. Our experienced team will then discuss your objectives/request. This is important to ensure that your objectives/requests are realistic and can be achieved.

5. Further, if legal actiion will be required, we will discuss your relative strengths and weaknesses from a legal point of view.

6. Our team will finally propose a legal approach that will assist you in achieving your commercial objectives.

We will provide you with some immediate and actionable steps to recover your debts and clear understanding of your rights.