Bridgeway Legal — Insights & Resources

Debt Recovery

The issues we address

Unpaid debts can disrupt cash flow, strain business relationships and create uncertainty for individuals and businesses. Delayed payments, disputed amounts, unclear agreements and unsuccessful attempts to secure payment can make recovery more difficult.

Bridgeway Legal assists creditors in assessing their position and pursuing appropriate steps to recover outstanding debts, with the approach guided by the nature of the debt, available documentation and the circumstances of the debtor.

Our services cover

  • Review of agreements, invoices, acknowledgements of debt and other supporting documents.
  • Legal assessment of the debt, available remedies and potential recovery options.
  • Preparation and issuance of formal demand letters.
  • Negotiation with debtors and their representatives.
  • Settlement arrangements and structured repayment agreements.
  • Advice on guarantees, security and other arrangements supporting repayment.
  • Recovery of commercial and personal debts.
  • Pre-action advice and preparation for recovery proceedings.
  • Commencement and conduct of debt recovery proceedings where appropriate.
  • Enforcement of judgments and other available recovery measures.
  • Advice on disputed debts, counterclaims and related contractual issues.

How the engagement works

We begin by reviewing the basis of the debt, the documents supporting the claim and any correspondence or previous attempts to obtain payment. We then advise on the appropriate recovery strategy, which may involve a formal demand, negotiation, settlement or legal proceedings.

Where settlement is possible, we can assist with negotiating and documenting appropriate repayment terms. Where litigation becomes necessary, we advise on the process, prospects and steps required to pursue recovery.

Initial enquiry

Please provide the general nature of the debt, the amount outstanding, the identity and location of the debtor, and the basis on which the debt arose. Where available, you may identify the relevant agreement, invoice, acknowledgement or other supporting document.

Avoid including unnecessary confidential or sensitive information in the initial website enquiry. We will arrange an appropriate method for receiving documents and further information required to assess the matter.

Have a legal issue you need to discuss?

Tell us briefly what has happened. A member of our team will review your enquiry and advise you on the appropriate next step.

Clear Advice. Strategic Solutions. A modern Nigerian law firm providing practical legal services to individuals, families and businesses.