Recovering debt in Nigeria

Recovering debt in Nigeria has become very easy, in fact you don’t need a lawyer, it is easy, efficient and not expensive but here is what you need to know.
✅ This procedure will only work for debt of 5 million naira and below only.

✅ It must be a civil matter, not criminal

✅ It must be a debt case, somebody must be you and a promise to give you money.

There is a special court that is used to recover debt, it’s the Small Claims Court, so this is what you must do.
✅ Go to the Magistrate Court in your state where the defendant lives or does business.

✅ Request the Small Claims Form (Form 1 – Complaint Form) from the registry.

✅ You will be given forms to fill about the debt, the nature and how much, just fill the forms.

✅ Pay the required filing fee (usually it’s small money).

The debtor will be served a demand notice by the court to pay within 7-14 days. If he/she refuses to pay then the court will call both parties to know what really happened. If the debtor refuses to pay then the court will order him/her to pay. The whole case cannot last above 60 days
 
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