Can Loan Apps or Creditors Report a Defaulted Loan to Law Enforcement Agencies as a Case of Criminal Breach of Trust?
No. Defaulting on a commercial loan or being unable to repay a debt is strictly a civil contract dispute; it is not...
No. Defaulting on a commercial loan or being unable to repay a debt is strictly a civil contract dispute; it is not...
Yes, if you signed a legally binding Deed of Guarantee or an indemnity clause authorizing the bank to set off the debt...
Yes, you can sue them. The unlawful practice by predatory loan applications of harvesting borrowers’ contact lists and sending defamatory, threatening messages...
No. A commercial bank in Nigeria has no legal authority to unilaterally freeze or place a Post-No-Debit (PND) restriction on your bank...
Do not panic. A threat to “blacklist your BVN” should not automatically make you believe that your BVN will simply be cancelled...
No. You cannot simply tell the court that you want to pay ₦2,000 per week and expect the court to automatically accept...
No. The collapse of a bank does not automatically cancel the loan you owe. When a bank fails, the Nigeria Deposit Insurance...
In Nigerian contemporary legal practice, navigating disputes surrounding syndicated loan default protocol represents an essential area of law directly impacting individual rights,...
In Nigerian contemporary legal practice, navigating disputes surrounding payment gateway settlement fraud represents an essential area of law directly impacting individual rights,...
In Nigerian contemporary legal practice, navigating disputes surrounding bank executive personal liability represents an essential area of law directly impacting individual rights,...