Dispute Resolution

When a Corporate Entity Recovers its Debt: An Additional Requirement

When a Corporate Entity Recovers its Debt: An Additional ConsiderationCampfires Law Firm   | 21st August, 2023 In an article published three months ago, we explored debt recovery and the important considerations a creditor must keep in mind when attempting to recover a debt in Nigeria. It is not surprising that all these considerations revolve around taking legal action, as the Court has become the final option for debt recovery in the country. If the creditor …

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Recovery of Debt in Nigeria: What Legal Considerations Should Be Kept in Mind?

Recovery of Debt in Nigeria: What Legal Considerations Should be Kept in Mind? Campfires Law Firm | 6th May, 2023   Debt recovery has become commonplace in both social and business contexts. Whether due to an unpaid loan, a breached obligation to pay for services or goods, or failure to deliver on a contract, anyone – regardless of social or economic standing – can become a debtor. Debt can refer to a principal sum, interest …

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