Debt Recovery/Debt Resolution

Our Total Remedial Solution entails proffering recovery solutions to all credit issues in a professional and ethical manner. We can rigorously pursue recovery of bad loans and bridge the gap between lenders and borrowers. The variety of services we offer, find relevance at every stage in the entire credit life cycle aimed at ensuring improved risk assets. We advise highly indebted companies and help to device business saving and actionable remedies to resolve their debt obligations. Our effort in this respect has in most parts brought these companies back from the brink of extinction, resolved the irreconcilable differences previously existing with their Bankers and most importantly facilitated the reclassification of the debt from non-performing to performing, thereby re-jigging the balance sheet and shareholder’s funds of the affected banks. Succinctly, we do the following:

• We knock on doors
• We trace debtors
• We trace collaterals
• We bring debtors to the negotiation table
• We collect and act as collection agents
• Working with Legal Associates, we pursue recoveries using legal means
• We negotiate settlements
• We represent parties
• We advise and support law firms to win debt recovery cases and suits.

Our remedial team is made up of experienced and qualified Credit Analysts, Solicitors, Debt Collectors, Repossession Agents, Auctioneers and Receivership Agents. We are fully abreast of the Nigerian environment as it relates to Loans, Lease and Credit Facilities. With this clear understanding and expertise, we are able to meet our client’s recovery and risk asset management needs at any point in a loan facility life cycle.