Debtors’ Prisons in Nigeria: Truth or Myth? The phrase “debtors’ prison” evokes images of a bygone era, a time when failing to repay a debt could land you behind bars alongside hardened criminals. It’s a concept that seems utterly at odds with modern human rights and economic principles. Yet, whispers and anecdotal accounts persist, leading […]

When to Sue for Debt: Legal Indicators and Strategy Debt collection is a critical aspect of financial management for individuals and businesses alike. While initial efforts often focus on amicable resolution, there comes a point when legal action becomes a necessary, and sometimes the only, viable path to recover outstanding sums. Deciding when to sue […]

Commercial Debt Recovery: How to Handle Debtors Professionally The Art of Balancing Business Needs with Human Dignity In the intricate dance of commerce, the flow of goods and services is often accompanied by a less glamorous, but equally crucial, element: credit. Businesses extend credit to foster relationships, facilitate transactions, and drive growth. However, this extension […]