Debt Recovery Law Firm in lagos, Nigeria
Classic Attorneys is a debt recovery law firm in Lagos, Nigeria, with experience in debt collection and legal recovery. We approach debt collection from a pre-legal and legal approach ensuring effective collection and recovery.
Pre-Action Initial Engagement
Our initial approach to debt recovery is a pre-action or pre-legal initial engagement, which often yields an open discussion or complete recovery or debt restructuring.
Legal Action
Legal action is an effective tool for debt recovery, and as an experienced debt recovery law firm in Lagos, we understand the nuances and most practical approach to recovery through legal action. Our legal action approach incorporates several options, including mediation, arbitration, small claims litigation and general litigation. We adopt fast legal ways to recover liquidated and uncontested debt claims.
Judgment Enforcement
Debt recovery sometimes extend to litigation and enforcement of judgment. In this regard, we have you covered and will provide expertise in asset tracing and enforcement of judgment.
Practical Debt Recovery Process
Our goal is to recover debts and unpaid invoices for individuals and businesses. We understand that debt recovery is not a one-size-fits-all, so we adopt various practical steps to ensure effective results.
Frequent Questions People Usually Ask A
Debt Recovery
Law Firm in Lagos
what type of debts do you recover?
*We recover all types of business-to-business and business-to-customer debts. This includes unpaid invoices and refunds for services not delivered. The debt recovery threshold is N5,000,000 (five million naira). We collect and recover for Nigerian entities, Foreign entities and Multi-nationals.
Which Locations Do You Cover?
*Currently, we only cover Lagos and Abuja but will be able to refer you to our other partner law firms if you have a debt to recover outside of these locations.
How do you charge for debt collection or recovery?
*Our fees are structured based on the type of debt and the processes involved. Each stage has a specific fee to cover the costs, while our professional fee is contingent upon collection or recovery.
How Long does it take to recover a debt
* The length of time to collect or recover a debt depends on the nature of the debt and the steps required to recover it. For instance liquidate and undisputed debt claims are faster and easier to recover than disputed debt claims.
Contact Us
We would love to speak with you.
Feel free to reach out using the below details.