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How Do I Recover My Money From A Debtor ? - Business - Nairaland

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How Do I Recover My Money From A Debtor ? by Nobody: 4:16pm On May 28, 2021
Hi, all.

I recently tried building a business that didn't fly .

I had partnered with someone to raise funding for a mini bus to be used for intra city transport .

The arrangement was one that I had to make a down payment of 400,000 and he will get me the vehicle after which I will repay in installments.

Long story short, after I signed the agreement papers, made the transfer and was expecting the vehicle in few days , he suddenly started acting funny.

I will call without end and he will leave the line unanswered.

Whenever he manages to pick up, it's one story of how his manager is sick or his child is dieing , so there is no way he could go to Ladipo.

I sensed that he was playing games and asked him to refund my money after three weeks of scanty and almost inexistent communication. And that's how the main drama started.

He would instruct me to forward my account number, go and meet this and go and meet that.

With bloodshot eyes , I stormed his office on Sunday and managed to wrench 225,000 from him after a laborious try.
Now , my 175,000 is suspended on heavy balloons of spurious promises .



I have been thinking of going to the police but nothing will come out of it considering how entwined he is with the local police force .

When push comes to shove, I'm aware they might direct that he pay me over the next ten years in coins and cowries grin.l .

But I don't want that.




The other option is to go there and do werey. cool To exert physical force . But im security go overpower me. And I don't leave without a fight. So it will be bloody.

One of the topics from Islamic section on the front page admonishes against anger and enjoins us to brood over the possible consequences of our intended actions.

So, this one too has Kleg. cheesy




Have you ever been in my shoe ?

What do you suggest I do?

The money in question is my home and abroad.
My last card!

And a confrontation will sooner or later ensue.

How do I go about this with minimal friction and prompt response from him?

12 Likes 1 Share

Re: How Do I Recover My Money From A Debtor ? by vesselchino(f): 7:36pm On May 28, 2021
Wow first to comment since seun invented nairaland
My ba3 is down to 1%. But I'll give you tips on how to recover your money from debtor.
Firstly, you have to

47 Likes

Re: How Do I Recover My Money From A Debtor ? by TechWows: 7:36pm On May 28, 2021
cool

9 Likes

Re: How Do I Recover My Money From A Debtor ? by saphiere(f): 7:37pm On May 28, 2021
blizard44:
Hi, all.

I recently tried building a business that didn't fly .

I had partnered with someone to raise funding for a mini bus to be used for intra city transport .

The arrangement was one that I had to make a down payment of 400,000 and he will get me the vehicle after which I will repay in installments.

Long story short, after I signed the agreement papers, made the transfer and was expecting the vehicle in few days , he suddenly started acting funny.

I will call without end and he will leave the line unanswered.

Whenever he manages to pick up, it's one story of how his manager is sick or his child is dieing , so there is no way he could go to Ladipo.

I sensed that he was playing games and asked him to refund my money after three weeks of scanty and almost inexistent communication. And that's how the main drama started.

He would instruct me to forward my account number, go and meet this and go and meet that.

With bloodshot eyes , I stormed his office on Sunday and managed to wrench 225,000 from him after a laborious try.
Now , my 175,000 is suspended on heavy balloons of spurious promises .



I have been thinking of going to the police but nothing will come out of it considering how entwined he is with the local police force .

When push comes to shove, I'm aware they might direct that he pay me over the next ten years in coins and cowries grin.l .

But I don't want that.




The other option is to go there and do werey. cool To exert physical force . But im security go overpower me. And I don't leave without a fight. So it will be bloody.

One of the topics from Islamic section on the front page admonishes against anger and enjoins us to brood over the possible consequences of our intended actions.

So, this one too has Kleg. cheesy




Have you ever been in my shoe ?

What do you suggest I do?

The money in question is my home and abroad.
My last card!

And a confrontation will sooner or later ensue.

How do I go about this with minimal friction and prompt response from him?
Pray over it.

9 Likes 1 Share

Re: How Do I Recover My Money From A Debtor ? by The5DME(m): 7:37pm On May 28, 2021
B
Re: How Do I Recover My Money From A Debtor ? by merieam16(f): 7:37pm On May 28, 2021
Prayer and threats

3 Likes 1 Share

Re: How Do I Recover My Money From A Debtor ? by TheMan3: 7:37pm On May 28, 2021
Hmm. But what is his reason
Re: How Do I Recover My Money From A Debtor ? by atorioke(m): 7:37pm On May 28, 2021
Carey cane go he office go flog am. By the time you do am straight 5 days unto Wike blood wey you get, he go find means settle you.

Our vision is to FLOG

Our mission is to FLOG.

6 Likes 2 Shares

Re: How Do I Recover My Money From A Debtor ? by Jokerman(m): 7:37pm On May 28, 2021
Sue him
Re: How Do I Recover My Money From A Debtor ? by Missyajoke(f): 7:38pm On May 28, 2021
Money that can't be you can't dash someone don't give it out odidi #400,000 you try ohh so why didn't you go to purchase the vehicle yourself to save all this damn stress you just put through. Anyways Goodluck to you.

2 Likes 1 Share

Re: How Do I Recover My Money From A Debtor ? by nakoks(m): 7:38pm On May 28, 2021
My FTC was lost by naoseconds after 13years....the wait continues

3 Likes 1 Share

Re: How Do I Recover My Money From A Debtor ? by ictjobber: 7:38pm On May 28, 2021
Lending money to a Nigerian is human, collecting it back is divine

70 Likes 5 Shares

Re: How Do I Recover My Money From A Debtor ? by Abovebest(m): 7:38pm On May 28, 2021
Why will you sign an agreement when the mini bus isn't on ground

Since is balance and carry deal
You would have ensure the bus is made available before sending him the 400k

Now as it stands
You just have to use the same sense you used in getting the 225k to collect the remaining balance

19 Likes 2 Shares

Re: How Do I Recover My Money From A Debtor ? by AirBay: 7:38pm On May 28, 2021
Let the Elders show grin
Re: How Do I Recover My Money From A Debtor ? by HitRun(m): 7:38pm On May 28, 2021
me ma need answer to this research problem abeg.

1 Like

Re: How Do I Recover My Money From A Debtor ? by Yeezus998(m): 7:38pm On May 28, 2021
Use soldiers grin

4 Likes 2 Shares

Re: How Do I Recover My Money From A Debtor ? by Revere27: 7:38pm On May 28, 2021
This option here is what many would termed as waste of time and energy but it has been considered as something tested, tried and trusted because it does restores hope when all hope are lost.


Go on your knees and cry to God about your heart desires... What you need, if possible make a vow that you can fulfill and watch the miracles that would follow aftermath.

Note: It would only work with your faith..
I pray The Almighty God answers your prayers... Amen.

28 Likes 1 Share

Re: How Do I Recover My Money From A Debtor ? by Nobody: 7:39pm On May 28, 2021
How can you even do business with someone you cannot overpower either physically, mentally or spiritually and whom virtually has no iota of shame...

There is a reason people pick uber over mini-bus business..

12 Likes 2 Shares

Re: How Do I Recover My Money From A Debtor ? by MikePhilly(m): 7:39pm On May 28, 2021
Yeezus998:
Use soldiers grin

Inside life
Re: How Do I Recover My Money From A Debtor ? by NedalBiggie: 7:39pm On May 28, 2021
Involve a good radical lawyer and the rest will be history.










NEDAL WAS HERE!!!

1 Like

Re: How Do I Recover My Money From A Debtor ? by Calibrator: 7:39pm On May 28, 2021
Buy two raw eggs and paint one blue and the other red.


Go to his office, fake incantations with his name as if you are speaking to the eggs and break the blue painted egg on his office premises then tell him to dare you and not return your money before you lose patience and break the red one.



If you don't see your money in three weeks, call me whatever you want.





I am charging you 2.5% of the N175k for this OT.

50 Likes 2 Shares

Re: How Do I Recover My Money From A Debtor ? by Nobody: 7:40pm On May 28, 2021
blizard44:
Hi, all...

I don't support what I am about to say but desperate times require desperate measures...

Stubbornness must be met with bigger stubbornness,

Illegality must be met with bigger illegality,

Madness must be left with bigger madness,

Hire between two and four soldiers and trap him in his office. Don't let him to go unless he pays the balance.


I see people asking you to hire lawyers or call EFCC and all that...

EFCC will direct you to police because the money is small. Your lawyers will only eat your money and the case will stall in court and you'll spend more than you lost,

And police? The guy will pay 50k, police will give you 25k and the rest of the balance will disappear into the air. You won't even see the coins or cowries you talked about

The guy will still pay bail separately. grin grin grin

19 Likes 2 Shares

Re: How Do I Recover My Money From A Debtor ? by Guyman111: 7:41pm On May 28, 2021
If you don't threaten typical Nigerian man,mehn you wouldn't get anything from him.

5 Likes 2 Shares

Re: How Do I Recover My Money From A Debtor ? by SeaTrade(m): 7:41pm On May 28, 2021
Africans are something else when it comes to credit,reason I don't blame banks for denying their punk ass loans.
As me and you dey talk so,my money dey inside one client belle like this.
It's always one story or the other for hot selling goods weh I give the idiot 3 months ago.
Where my goods?E no dey.
Where my money?come today,tomorrow,nextweek,saturday...its endless.
All these because I no get time to chase am as distance separate us.
My own different because I hold the fool e cheques so when I ready ,body go tell am.
Than to do business on credit ehn,better don't sell!

9 Likes 2 Shares

Re: How Do I Recover My Money From A Debtor ? by otomatic(m): 7:41pm On May 28, 2021
Jokerman:
Sue him

Judiciary de strike na

1 Like

Re: How Do I Recover My Money From A Debtor ? by Triangles1(m): 7:42pm On May 28, 2021
Any thing you can't give out as gift don't borrow it out either money or object.


Let them call you all sorts of name no problem.

8 Likes

Re: How Do I Recover My Money From A Debtor ? by mrsage(m): 7:42pm On May 28, 2021
Here to learn

1 Like 1 Share

Re: How Do I Recover My Money From A Debtor ? by Amwitty(f): 7:42pm On May 28, 2021
Either you get a good lawyer or you call EFCC and say he is a Yahoo Yahoo boy

1 Like

Re: How Do I Recover My Money From A Debtor ? by Deasegun19(m): 7:42pm On May 28, 2021
report him
Re: How Do I Recover My Money From A Debtor ? by sylve11: 7:43pm On May 28, 2021
blizard44:


When push comes to shove, I'm aware they might direct that he pay me over the next ten years in coins and cowries grin.l .


You're even aware of this. grin Good. Play safe since you know hes well connected wit the police. cool

1 Like

Re: How Do I Recover My Money From A Debtor ? by Nobody: 7:43pm On May 28, 2021
lending money and not collecting it back is one problem we're facing in Nigeria

4 Likes

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