Overview

Unpaid debts can seriously impact your business. Our debt recovery practice provides effective legal strategies for recovering outstanding debts — from initial demand letters through to court proceedings and judgment enforcement.

Services Offered

Demand letters and pre-action notices
Negotiated debt settlement
Court proceedings for debt recovery
Judgment enforcement
Asset tracing and investigation
Garnishee proceedings
Winding-up petitions
Personal insolvency advisory

Frequently Asked Questions

What is the first step in recovering a debt?

We typically start with a formal demand letter, which often prompts payment without the need for court proceedings. If the debtor does not respond, we advise on the most appropriate legal action.

What if the debtor has no assets?

We can assist with asset tracing to identify assets available for enforcement. In some cases, insolvency proceedings may be appropriate.

How long does debt recovery take?

Uncontested debt recovery through the courts can take 3-6 months. Contested matters take longer. We always explore negotiated settlement as a faster alternative.

Related Services

Dispute Resolution & LitigationCorporate & CommercialContracts & Agreements

Lead Partner

Benjamin Umoren

Partner

Book a consultation with Benjamin to discuss your debt recovery matter.

Consultation Fees

45-minute consultation₦18,000
60-minute consultation₦25,000
90-minute consultation₦38,000
Book a Consultation

Disclaimer: The information on this page is general in nature and does not constitute legal advice. No lawyer-client relationship is created by reading this page. Please book a consultation for advice specific to your situation.

Debt Recovery Lawyers in Nigeria | Attorneys Klinique