Debt Recovery
Debt recovery is a structured process, not simply a demand for payment. The right approach depends on the amount, the relationship, and the evidence available.
Who this is for
- Financial institutions and commercial suppliers with non-performing loans or unpaid invoices
- Businesses owed money by customers, tenants, or partners
- Individuals seeking to recover a debt that is being ignored
Problems we address
- A debtor ignores informal demands and the creditor is unsure whether to negotiate or sue
- Delays in payment create liquidity constraints for the business
- Documentation is incomplete, making the debt harder to prove
How the chambers helps
- 1
Assess the strength of the claim and the available evidence before taking action
- 2
Issue a formal letter of demand and pursue negotiated settlement where sensible
- 3
Commence and conduct recovery proceedings where litigation is the right course
Common questions
When should I involve a lawyer in a debt?
When informal demands are ignored, the amount is significant, or you are unsure whether to negotiate or sue. Early advice protects your position and the available evidence.
Can a debt be recovered without going to court?
Often, yes. A formal letter of demand and negotiated settlement resolve many debts. Litigation is one route, not the only one, and the right approach depends on the facts.
What documents help prove a debt?
Contracts, invoices, delivery or acknowledgement records, payment history, and written correspondence. The stronger the documentation, the more straightforward recovery becomes.
Ready to discuss your matter?
Speak with Sam Onah & Associates about debt recovery in Calabar and across Nigeria.