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In Nigeria, recovering debts isn’t as simple as asking for your money back. Whether you’re a bank, business owner, or private lender, debt recovery must follow a structured legal process to be effective—and enforceable.

At Universal Solicitors & Advocates, we’ve represented numerous lenders in recovering millions of naira through strategic, lawful methods. We understand the terrain and how to navigate it without delay, drama, or costly mistakes.

Why Legal Debt Recovery Matters

Many lenders make the mistake of relying on informal pressure, public shaming, or threats—all of which can backfire legally and damage reputations. Nigeria’s legal system provides structured pathways to recover debts without breaking the law or risking your business.

Our approach ensures every step is:

• Documented

• Compliant with Nigerian legal procedures

• Backed by enforceable instruments

• Capable of securing judgment or settlement

Our Debt Recovery Process

Here’s how Universal Solicitors & Advocates helps you recover debts professionally:

1. Issuing Demand Notices

We begin with a formal demand letter, stating:

• The amount owed

• The basis of the debt (loan agreement, invoice, contract, etc.)

• A timeline for payment

• Legal consequences of non-payment

This is often enough to trigger payment, especially when sent by a reputable law firm like ours.

2. Negotiating Repayment Plans

Where debtors are willing but unable to pay in full, we negotiate structured repayment plans that are:

• Realistic

• Legally binding

• Enforceable in court if breached

We draft formal agreements to protect your interest every step of the way.

3. Filing Court Actions

When debtors default or become unresponsive, we file recovery suits in the appropriate court. We handle:

• Pre-action processes

• Filing of pleadings

• Court representation

• Securing favorable judgments

Our litigation team is experienced in fast-tracking debt cases using strategic filings and court procedures.

4. Enforcing Judgments

A court judgment is not the end—it’s only useful if it’s enforced. We use legal tools such as:

• Writs of execution

• Garnishee orders (to freeze bank accounts)

• Asset seizure

• Court-appointed receivership

Our team ensures you don’t just win the case—you get your money back.

5. Securing Debtor Assets

In some cases, we take steps to secure the debtor’s property, vehicles, or financial assets, even before judgment, where legally permitted. This puts pressure on the debtor to settle or negotiate.

Preventive Legal Support for Lenders

Debt recovery starts before money is even lent.

At Universal Solicitors & Advocates, we help lenders:

• Draft enforceable loan agreements

• Include personal or corporate guarantees

• Register legal mortgages or collateral

• Insert strong dispute resolution clauses

This ensures that if a borrower defaults, you’re already in a strong legal position.

Conclusion

Trying to recover debts without legal backing can be frustrating, slow, and risky. Let professionals handle it.

At Universal Solicitors & Advocates, we apply strategic legal pressure, comply with Nigerian laws, and work to maximize recovery while protecting your brand.

Need to recover a loan or unpaid invoice? Let’s talk.
📧 Email us at info@usalaw-ng.com or visit our office at 208 Ikorodu Road, Palm Grove, Lagos.

Recover smart. Recover legally—with Universal Solicitors & Advocates.